2014 ETB to DJF Historical Review

YEARLY HIGH

9.3952 DJF

YEARLY LOW

8.7880 DJF

YEARLY AVERAGE

9.0769 DJF

2014 ETB to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 9.3952. Conversely, the yearly low was recorded on December 28, dropping to 8.7880.

This high-to-low spread represents a total annual volatility of 0.6072 DJF. From a start-to-finish perspective, comparing the January average rate of 9.2888 to the December average rate of 8.8406, the exchange rate registered a net change of -4.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 9.3952 was down 3.69% compared to the 2013 peak of 9.7551, 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 46,976 DJF

2013 Average 47,440 DJF

Yearly Trough Low 43,940 DJF

Transaction Impact: A difference of 3,035.99 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

9.3336

8.7958

JanuMarcMayJulySeptNove

ETB 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 9.2061, compared to 8.9477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2584 points.

H1 Avg (Jan–Jun) 9.2061

H2 Avg (Jul–Dec) 8.9477

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.1942 DJF (High: 9.3952 / Low: 9.2010). On the other end, June was the most stable month, with a tight range of 0.0776 DJF (High: 9.1626 / Low: 9.0850).

February Spread (Volatile) ±0.1942

June Spread (Stable) ±0.0776

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 June and July, when the average rate fell by 0.0643 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0643

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 9.2533) against the same month in 2013 (average: 9.6457), the exchange rate shifted by -0.3924 (-4.07%).

2014 Avg (February) 9.2533

2013 Avg (February) 9.6457

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.3459	9.2526	9.2888
February	9.3952	9.2010	9.2533
March	9.2911	9.1522	9.2271
April	9.2229	9.1219	9.1813
May	9.2295	9.1129	9.1614
June	9.1626	9.0850	9.1249
July	9.1125	9.0203	9.0606
August	9.0709	8.9590	9.0174
September	9.0052	8.8856	8.9577
October	8.9604	8.8557	8.9196
November	8.9382	8.8504	8.8903
December	8.8690	8.7880	8.8406