2014 CDF to HUF Historical Review

YEARLY HIGH

0.2828 HUF

YEARLY LOW

0.2342 HUF

YEARLY AVERAGE

0.2519 HUF

2014 CDF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CDF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2828. Conversely, the yearly low was recorded on January 1, dropping to 0.2342.

This high-to-low spread represents a total annual volatility of 0.0487 HUF. From a start-to-finish perspective, comparing the January average rate of 0.2396 to the December average rate of 0.2732, the exchange rate registered a net change of 14.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2828 was up 9.87% compared to the 2013 peak of 0.2574, 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 1,414 HUF

2013 Average 1,212 HUF

Yearly Trough Low 1,171 HUF

Transaction Impact: A difference of 243.31 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2765

0.2362

JanuMarcMayJulySeptNove

CDF to HUF 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 0.2425, compared to 0.2613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 0.2425

H2 Avg (Jul–Dec) 0.2613

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0175 HUF (High: 0.2828 / Low: 0.2654). On the other end, April was the most stable month, with a tight range of 0.0043 HUF (High: 0.2431 / Low: 0.2388).

December Spread (Volatile) ±0.0175

April Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between May and September, 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 March and April, when the average rate fell by 0.0031 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.2732) against the same month in 2013 (average: 0.2370), the exchange rate shifted by +0.0362 (+15.26%).

2014 Avg (December) 0.2732

2013 Avg (December) 0.2370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2494	0.2342	0.2396
February	0.2513	0.2436	0.2461
March	0.2466	0.2421	0.2443
April	0.2431	0.2388	0.2411
May	0.2431	0.2372	0.2405
June	0.2467	0.2407	0.2438
July	0.2535	0.2463	0.2479
August	0.2596	0.2523	0.2553
September	0.2662	0.2587	0.2631
October	0.2675	0.2590	0.2626
November	0.2690	0.2624	0.2659
December	0.2828	0.2654	0.2732