2014 ERN to DZD Historical Review

YEARLY HIGH

87.9439 DZD

YEARLY LOW

77.1925 DZD

YEARLY AVERAGE

80.6229 DZD

2014 ERN to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ERN to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 87.9439. Conversely, the yearly low was recorded on March 17, dropping to 77.1925.

This high-to-low spread represents a total annual volatility of 10.7514 DZD. From a start-to-finish perspective, comparing the January average rate of 78.3727 to the December average rate of 86.9748, the exchange rate registered a net change of 10.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 87.9439 was up 6.99% compared to the 2013 peak of 82.2002, 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 439,720 DZD

2013 Average 398,232 DZD

Yearly Trough Low 385,963 DZD

Transaction Impact: A difference of 53,757.20 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

87.8923

76.8831

JanuMarcMayJulySeptNove

ERN to DZD 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 78.5473, compared to 82.6986 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1513 points.

H1 Avg (Jan–Jun) 78.5473

H2 Avg (Jul–Dec) 82.6986

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 2.6817 DZD (High: 83.0800 / Low: 80.3983). On the other end, April was the most stable month, with a tight range of 0.2386 DZD (High: 78.8543 / Low: 78.6156).

September Spread (Volatile) ±2.6817

April Spread (Stable) ±0.2386

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3195 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.3195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 86.9748) against the same month in 2013 (average: 78.7824), the exchange rate shifted by +8.1924 (+10.40%).

2014 Avg (December) 86.9748

2013 Avg (December) 78.7824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	78.9222	77.9514	78.3727
February	78.5031	77.6541	78.0532
March	78.6358	77.1925	77.8005
April	78.8543	78.6156	78.7249
May	79.3651	78.4455	78.9749
June	79.6968	79.1231	79.3573
July	79.9354	79.2491	79.5465
August	80.5838	79.8242	80.0683
September	83.0800	80.3983	81.2512
October	83.7854	83.2165	83.4934
November	86.2390	83.8906	84.8572
December	87.9439	86.0556	86.9748