2014 ETB to DKK Historical Review

YEARLY HIGH

0.3040 DKK

YEARLY LOW

0.2746 DKK

YEARLY AVERAGE

0.2856 DKK

2014 ETB to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3040. Conversely, the yearly low was recorded on May 6, dropping to 0.2746.

This high-to-low spread represents a total annual volatility of 0.0294 DKK. From a start-to-finish perspective, comparing the January average rate of 0.2858 to the December average rate of 0.2996, the exchange rate registered a net change of 4.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3040 was down 4.01% compared to the 2013 peak of 0.3167, 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 1,520 DKK

2013 Average 1,501 DKK

Yearly Trough Low 1,373 DKK

Transaction Impact: A difference of 146.78 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3017

0.2758

JanuMarcMayJulySeptNove

ETB to DKK 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 0.2810, compared to 0.2902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.2810

H2 Avg (Jul–Dec) 0.2902

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0103 DKK (High: 0.2952 / Low: 0.2849). On the other end, June was the most stable month, with a tight range of 0.0034 DKK (High: 0.2815 / Low: 0.2781).

September Spread (Volatile) ±0.0103

June Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0041 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.2996) against the same month in 2013 (average: 0.2850), the exchange rate shifted by +0.0145 (+5.09%).

2014 Avg (December) 0.2996

2013 Avg (December) 0.2850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2878	0.2834	0.2858
February	0.2900	0.2804	0.2839
March	0.2817	0.2778	0.2798
April	0.2803	0.2755	0.2779
May	0.2806	0.2746	0.2785
June	0.2815	0.2781	0.2800
July	0.2815	0.2775	0.2791
August	0.2850	0.2808	0.2823
September	0.2952	0.2849	0.2897
October	0.2966	0.2908	0.2935
November	0.2989	0.2953	0.2971
December	0.3040	0.2952	0.2996