2013 ETB to CVE Historical Review

YEARLY HIGH

4.6927 CVE

YEARLY LOW

4.1526 CVE

YEARLY AVERAGE

4.4332 CVE

2013 ETB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ETB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 4.6927. Conversely, the yearly low was recorded on December 29, dropping to 4.1526.

This high-to-low spread represents a total annual volatility of 0.5401 CVE. From a start-to-finish perspective, comparing the January average rate of 4.5367 to the December average rate of 4.2038, the exchange rate registered a net change of -7.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 4.6927 was down 8.35% compared to the 2012 peak of 5.1204, 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 23,463 CVE

2012 Average 24,201 CVE

Yearly Trough Low 20,763 CVE

Transaction Impact: A difference of 2,700.55 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

4.6531

4.1630

JanuMarcMayJulySeptNove

ETB to CVE 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 4.5404, compared to 4.3260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2144 points.

H1 Avg (Jan–Jun) 4.5404

H2 Avg (Jul–Dec) 4.3260

Volatility Range Comparison

Volatility

The most volatile month in 2013 was July, with a trading range of 0.2202 CVE (High: 4.6006 / Low: 4.3805). On the other end, November was the most stable month, with a tight range of 0.0781 CVE (High: 4.3185 / Low: 4.2404).

July Spread (Volatile) ±0.2202

November Spread (Stable) ±0.0781

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1071 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 4.6123) against the same month in 2012 (average: 4.7934), the exchange rate shifted by -0.1811 (-3.78%).

2013 Avg (March) 4.6123

2012 Avg (March) 4.7934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.6077	4.4538	4.5367
February	4.5423	4.4149	4.4864
March	4.6927	4.5275	4.6123
April	4.6603	4.5286	4.5749
May	4.6140	4.5089	4.5575
June	4.5575	4.4184	4.4746
July	4.6006	4.3805	4.4955
August	4.4357	4.3445	4.3884
September	4.4132	4.2765	4.3400
October	4.2989	4.1887	4.2467
November	4.3185	4.2404	4.2818
December	4.2528	4.1526	4.2038