2014 ETB to BYR Historical Review

YEARLY HIGH

551.5193 BYR

YEARLY LOW

497.8487 BYR

YEARLY AVERAGE

520.4944 BYR

2014 ETB to BYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to BYR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 551.5193. Conversely, the yearly low was recorded on January 2, dropping to 497.8487.

This high-to-low spread represents a total annual volatility of 53.6706 BYR. From a start-to-finish perspective, comparing the January average rate of 500.2348 to the December average rate of 543.2728, the exchange rate registered a net change of 8.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 551.5193 was up 10.47% compared to the 2013 peak of 499.2640, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,757,596 BYR

2013 Average 2,377,107 BYR

Yearly Trough Low 2,489,243 BYR

Transaction Impact: A difference of 268,353.09 BYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

547.5766

495.9310

JanuMarcMayJulySeptNove

ETB to BYR 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 509.9994, compared to 530.9895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.9901 points.

H1 Avg (Jan–Jun) 509.9994

H2 Avg (Jul–Dec) 530.9895

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 13.1042 BYR (High: 551.5193 / Low: 538.4151). On the other end, August was the most stable month, with a tight range of 3.0529 BYR (High: 524.9801 / Low: 521.9273).

December Spread (Volatile) ±13.1042

August Spread (Stable) ±3.0529

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: 543.2728) against the same month in 2013 (average: 495.0252), the exchange rate shifted by +48.2476 (+9.75%).

2014 Avg (December) 543.2728

2013 Avg (December) 495.0252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	502.9649	497.8487	500.2348
February	508.3949	500.6496	504.9446
March	514.3777	505.5351	509.4994
April	513.5371	509.8238	511.5201
May	517.5658	511.3395	514.6067
June	521.8507	516.3712	519.1907
July	521.4249	516.5538	519.9479
August	524.9801	521.9273	523.2931
September	531.5178	520.9585	527.8414
October	537.8792	529.4240	533.4316
November	542.4053	532.5222	538.1499
December	551.5193	538.4151	543.2728