2014 CDF to IRR Historical Review

YEARLY HIGH

29.3899 IRR

YEARLY LOW

26.5534 IRR

YEARLY AVERAGE

27.9714 IRR

2014 CDF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CDF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 29.3899. Conversely, the yearly low was recorded on January 11, dropping to 26.5534.

This high-to-low spread represents a total annual volatility of 2.8365 IRR. From a start-to-finish perspective, comparing the January average rate of 26.7799 to the December average rate of 29.0474, the exchange rate registered a net change of 8.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 29.3899 was up 8.26% compared to the 2013 peak of 27.1482, 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 146,949 IRR

2013 Average 94,794 IRR

Yearly Trough Low 132,767 IRR

Transaction Impact: A difference of 14,182.44 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

29.2741

26.5531

JanuMarcMayJulySeptNove

CDF to IRR 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 27.2672, compared to 28.6756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4085 points.

H1 Avg (Jan–Jun) 27.2672

H2 Avg (Jul–Dec) 28.6756

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.6595 IRR (High: 28.3680 / Low: 27.7085). On the other end, May was the most stable month, with a tight range of 0.2218 IRR (High: 27.7901 / Low: 27.5684).

July Spread (Volatile) ±0.6595

May Spread (Stable) ±0.2218

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: 29.0474) against the same month in 2013 (average: 26.8297), the exchange rate shifted by +2.2177 (+8.27%).

2014 Avg (December) 29.0474

2013 Avg (December) 26.8297

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.8954	26.5534	26.7799
February	27.0988	26.8347	26.9329
March	27.3871	26.9258	27.0869
April	27.6778	27.3692	27.4367
May	27.7901	27.5684	27.6562
June	27.9029	27.5166	27.7103
July	28.3680	27.7085	27.9835
August	28.7655	28.3673	28.5528
September	28.8731	28.6293	28.7859
October	29.0237	28.7072	28.8195
November	28.9671	28.6926	28.8649
December	29.3899	28.8990	29.0474