2014 CDF to HTG Historical Review

YEARLY HIGH

0.0505 HTG

YEARLY LOW

0.0421 HTG

YEARLY AVERAGE

0.0482 HTG

2014 CDF to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CDF to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0505. Conversely, the yearly low was recorded on February 25, dropping to 0.0421.

This high-to-low spread represents a total annual volatility of 0.0084 HTG. From a start-to-finish perspective, comparing the January average rate of 0.0464 to the December average rate of 0.0502, the exchange rate registered a net change of 8.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0505 was up 6.01% compared to the 2013 peak of 0.0476, 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 252 HTG

2013 Average 231 HTG

Yearly Trough Low 210 HTG

Transaction Impact: A difference of 41.99 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0509

0.0431

JanuMarcMayJulySeptNove

CDF to HTG 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 0.0474, compared to 0.0491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0474

H2 Avg (Jul–Dec) 0.0491

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0057 HTG (High: 0.0477 / Low: 0.0421). On the other end, December was the most stable month, with a tight range of 0.0004 HTG (High: 0.0505 / Low: 0.0500).

February Spread (Volatile) ±0.0057

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0027 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0502) against the same month in 2013 (average: 0.0440), the exchange rate shifted by +0.0063 (+14.23%).

2014 Avg (December) 0.0502

2013 Avg (December) 0.0440

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0474	0.0448	0.0464
February	0.0477	0.0421	0.0437
March	0.0493	0.0469	0.0480
April	0.0487	0.0481	0.0484
May	0.0490	0.0485	0.0488
June	0.0493	0.0486	0.0489
July	0.0489	0.0484	0.0486
August	0.0491	0.0483	0.0487
September	0.0488	0.0482	0.0485
October	0.0488	0.0481	0.0485
November	0.0503	0.0487	0.0498
December	0.0505	0.0500	0.0502