2014 ETB to CDF Historical Review

YEARLY HIGH

48.6396 CDF

YEARLY LOW

45.6248 CDF

YEARLY AVERAGE

46.9669 CDF

2014 ETB to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 48.6396. Conversely, the yearly low was recorded on December 31, dropping to 45.6248.

This high-to-low spread represents a total annual volatility of 3.0148 CDF. From a start-to-finish perspective, comparing the January average rate of 48.2262 to the December average rate of 45.9008, the exchange rate registered a net change of -4.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 48.6396 was down 4.37% compared to the 2013 peak of 50.8625, 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 243,198 CDF

2013 Average 246,522 CDF

Yearly Trough Low 228,124 CDF

Transaction Impact: A difference of 15,073.90 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

48.4587

45.6683

JanuMarcMayJulySeptNove

ETB to CDF 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 47.6288, compared to 46.3049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3239 points.

H1 Avg (Jan–Jun) 47.6288

H2 Avg (Jul–Dec) 46.3049

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 1.1058 CDF (High: 48.6396 / Low: 47.5338). On the other end, September was the most stable month, with a tight range of 0.2986 CDF (High: 46.4836 / Low: 46.1850).

February Spread (Volatile) ±1.1058

September Spread (Stable) ±0.2986

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3845 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.3845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 47.9317) against the same month in 2013 (average: 49.9898), the exchange rate shifted by -2.0582 (-4.12%).

2014 Avg (February) 47.9317

2013 Avg (February) 49.9898

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.5183	47.9556	48.2262
February	48.6396	47.5338	47.9317
March	48.1477	47.5323	47.8163
April	47.5623	47.0464	47.4318
May	47.5149	47.0453	47.2510
June	47.4595	46.7690	47.1160
July	47.0849	46.5611	46.7808
August	46.7411	46.3913	46.5503
September	46.4836	46.1850	46.3313
October	46.3544	46.0188	46.1855
November	46.2399	45.9126	46.0807
December	46.0492	45.6248	45.9008