2014 CDF to ALL Historical Review

YEARLY HIGH

0.1252 ALL

YEARLY LOW

0.1092 ALL

YEARLY AVERAGE

0.1142 ALL

2014 CDF to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CDF to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1252. Conversely, the yearly low was recorded on May 8, dropping to 0.1092.

This high-to-low spread represents a total annual volatility of 0.0159 ALL. From a start-to-finish perspective, comparing the January average rate of 0.1117 to the December average rate of 0.1229, the exchange rate registered a net change of 10.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1252 was up 4.89% compared to the 2013 peak of 0.1193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CDF based on timing:

Yearly Peak High 626 ALL

2013 Average 573 ALL

Yearly Trough Low 546 ALL

Transaction Impact: A difference of 79.71 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1242

0.1086

JanuMarcMayJulySeptNove

CDF to ALL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1109, compared to 0.1176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.1109

H2 Avg (Jul–Dec) 0.1176

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0047 ALL (High: 0.1196 / Low: 0.1149). On the other end, June was the most stable month, with a tight range of 0.0012 ALL (High: 0.1123 / Low: 0.1111).

September Spread (Volatile) ±0.0047

June Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0015 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1229) against the same month in 2013 (average: 0.1109), the exchange rate shifted by +0.0120 (+10.86%).

2014 Avg (December) 0.1229

2013 Avg (December) 0.1109

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1126	0.1107	0.1117
February	0.1126	0.1105	0.1115
March	0.1109	0.1094	0.1100
April	0.1105	0.1093	0.1099
May	0.1115	0.1092	0.1106
June	0.1123	0.1111	0.1116
July	0.1128	0.1110	0.1120
August	0.1148	0.1122	0.1133
September	0.1196	0.1149	0.1176
October	0.1208	0.1179	0.1190
November	0.1219	0.1193	0.1210
December	0.1252	0.1213	0.1229