2014 ETB to HUF Historical Review

YEARLY HIGH

12.9041 HUF

YEARLY LOW

11.2625 HUF

YEARLY AVERAGE

11.8253 HUF

2014 ETB to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.9041. Conversely, the yearly low was recorded on May 8, dropping to 11.2625.

This high-to-low spread represents a total annual volatility of 1.6416 HUF. From a start-to-finish perspective, comparing the January average rate of 11.5529 to the December average rate of 12.5374, the exchange rate registered a net change of 8.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.9041 was down 0.76% compared to the 2013 peak of 13.0033, 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 64,521 HUF

2013 Average 59,759 HUF

Yearly Trough Low 56,313 HUF

Transaction Impact: A difference of 8,208.10 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.6549

11.2445

JanuMarcMayJulySeptNove

ETB to HUF 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 11.5522, compared to 12.0985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5462 points.

H1 Avg (Jan–Jun) 11.5522

H2 Avg (Jul–Dec) 12.0985

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.7255 HUF (High: 12.0267 / Low: 11.3012). On the other end, April was the most stable month, with a tight range of 0.1643 HUF (High: 11.5104 / Low: 11.3461).

January Spread (Volatile) ±0.7255

April Spread (Stable) ±0.1643

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2418 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 12.5374) against the same month in 2013 (average: 11.4547), the exchange rate shifted by +1.0827 (+9.45%).

2014 Avg (December) 12.5374

2013 Avg (December) 11.4547

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.0267	11.3012	11.5529
February	12.0662	11.6546	11.7948
March	11.8017	11.5267	11.6797
April	11.5104	11.3461	11.4380
May	11.4373	11.2625	11.3620
June	11.5918	11.3343	11.4860
July	11.8356	11.5167	11.5970
August	12.0491	11.7901	11.8847
September	12.3382	12.0159	12.1898
October	12.3436	11.9609	12.1289
November	12.4012	12.0917	12.2530
December	12.9041	12.2043	12.5374