2014 CDF to ETB Historical Review

YEARLY HIGH

0.0219 ETB

YEARLY LOW

0.0206 ETB

YEARLY AVERAGE

0.0213 ETB

2014 CDF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CDF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0219. Conversely, the yearly low was recorded on February 5, dropping to 0.0206.

This high-to-low spread represents a total annual volatility of 0.0014 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0207 to the December average rate of 0.0218, the exchange rate registered a net change of 5.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0219 was up 5.44% compared to the 2013 peak of 0.0208, 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 110 ETB

2013 Average 101 ETB

Yearly Trough Low 103 ETB

Transaction Impact: A difference of 6.79 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0219

0.0206

JanuMarcMayJulySeptNove

CDF to ETB 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 0.0210, compared to 0.0216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0210

H2 Avg (Jul–Dec) 0.0216

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0005 ETB (High: 0.0210 / Low: 0.0206). On the other end, September was the most stable month, with a tight range of 0.0001 ETB (High: 0.0217 / Low: 0.0215).

February Spread (Volatile) ±0.0005

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0218) against the same month in 2013 (average: 0.0207), the exchange rate shifted by +0.0011 (+5.30%).

2014 Avg (December) 0.0218

2013 Avg (December) 0.0207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0209	0.0206	0.0207
February	0.0210	0.0206	0.0209
March	0.0210	0.0208	0.0209
April	0.0213	0.0210	0.0211
May	0.0213	0.0210	0.0212
June	0.0214	0.0211	0.0212
July	0.0215	0.0212	0.0214
August	0.0216	0.0214	0.0215
September	0.0217	0.0215	0.0216
October	0.0217	0.0216	0.0217
November	0.0218	0.0216	0.0217
December	0.0219	0.0217	0.0218