2014 ETB to GNF Historical Review

YEARLY HIGH

371.3326 GNF

YEARLY LOW

346.1550 GNF

YEARLY AVERAGE

356.5128 GNF

2014 ETB to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 371.3326. Conversely, the yearly low was recorded on September 4, dropping to 346.1550.

This high-to-low spread represents a total annual volatility of 25.1776 GNF. From a start-to-finish perspective, comparing the January average rate of 364.4532 to the December average rate of 349.6653, the exchange rate registered a net change of -4.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 371.3326 was down 5.22% compared to the 2013 peak of 391.8005, 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 1,856,663 GNF

2013 Average 1,876,375 GNF

Yearly Trough Low 1,730,775 GNF

Transaction Impact: A difference of 125,887.78 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

365.9319

348.1865

JanuMarcMayJulySeptNove

ETB to GNF 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 360.9144, compared to 352.1113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.8031 points.

H1 Avg (Jan–Jun) 360.9144

H2 Avg (Jul–Dec) 352.1113

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 12.3066 GNF (High: 369.3141 / Low: 357.0076). On the other end, December was the most stable month, with a tight range of 4.5962 GNF (High: 351.5302 / Low: 346.9339).

March Spread (Volatile) ±12.3066

December Spread (Stable) ±4.5962

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 4.2738 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -4.2738

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 364.3096) against the same month in 2013 (average: 385.2536), the exchange rate shifted by -20.9440 (-5.44%).

2014 Avg (February) 364.3096

2013 Avg (February) 385.2536

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	366.2012	361.3883	364.4532
February	371.3326	360.2778	364.3096
March	369.3141	357.0076	363.3435
April	362.3798	356.0662	359.0697
May	362.2699	353.4987	358.1418
June	358.9010	351.2475	356.1686
July	358.3495	352.7465	356.1988
August	355.0762	349.4514	352.5049
September	354.4074	346.1550	351.5481
October	354.8973	348.4664	351.9115
November	352.7726	347.1247	350.8391
December	351.5302	346.9339	349.6653