2013 ERN to DJF Historical Review

YEARLY HIGH

178.7330 DJF

YEARLY LOW

176.4860 DJF

YEARLY AVERAGE

177.5217 DJF

2013 ERN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ERN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 178.7330. Conversely, the yearly low was recorded on August 8, dropping to 176.4860.

This high-to-low spread represents a total annual volatility of 2.2470 DJF. From a start-to-finish perspective, comparing the January average rate of 177.4078 to the December average rate of 178.1017, the exchange rate registered a net change of 0.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 178.7330 was down 0.63% compared to the 2012 peak of 179.8605, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 893,665 DJF

2012 Average 891,431 DJF

Yearly Trough Low 882,430 DJF

Transaction Impact: A difference of 11,234.99 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

178.1866

177.1673

JanuMarcMayJulySeptNove

ERN to DJF 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 177.4172, compared to 177.6262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2089 points.

H1 Avg (Jan–Jun) 177.4172

H2 Avg (Jul–Dec) 177.6262

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 1.7391 DJF (High: 178.6375 / Low: 176.8984). On the other end, May was the most stable month, with a tight range of 0.7479 DJF (High: 177.8550 / Low: 177.1071).

February Spread (Volatile) ±1.7391

May Spread (Stable) ±0.7479

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3715 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3715

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 178.1017) against the same month in 2012 (average: 177.7657), the exchange rate shifted by +0.3360 (+0.19%).

2013 Avg (December) 178.1017

2012 Avg (December) 177.7657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	178.0700	177.1233	177.4078
February	178.6375	176.8984	177.4580
March	178.2350	176.6881	177.3602
April	177.6730	176.7734	177.2523
May	177.8550	177.1071	177.4592
June	178.1850	177.1892	177.5659
July	178.2800	176.5875	177.6545
August	178.1075	176.4860	177.5694
September	178.1770	177.3090	177.6541
October	177.8190	176.7200	177.2825
November	178.1490	177.0997	177.4948
December	178.7330	177.3287	178.1017