2014 ETB to IRR Historical Review

YEARLY HIGH

1342.5208 IRR

YEARLY LOW

1283.9792 IRR

YEARLY AVERAGE

1313.1391 IRR

2014 ETB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 1342.5208. Conversely, the yearly low was recorded on January 9, dropping to 1283.9792.

This high-to-low spread represents a total annual volatility of 58.5416 IRR. From a start-to-finish perspective, comparing the January average rate of 1291.4806 to the December average rate of 1333.2904, the exchange rate registered a net change of 3.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1342.5208 was up 1.31% compared to the 2013 peak of 1325.2005, 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 6,712,604 IRR

2013 Average 4,657,620 IRR

Yearly Trough Low 6,419,896 IRR

Transaction Impact: A difference of 292,707.90 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1337.9614

1286.6549

JanuMarcMayJulySeptNove

ETB to IRR 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 1298.5554, compared to 1327.7228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.1674 points.

H1 Avg (Jan–Jun) 1298.5554

H2 Avg (Jul–Dec) 1327.7228

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 21.9133 IRR (High: 1306.5929 / Low: 1284.6797). On the other end, June was the most stable month, with a tight range of 3.5681 IRR (High: 1307.5559 / Low: 1303.9878).

February Spread (Volatile) ±21.9133

June Spread (Stable) ±3.5681

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.6465 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.6465

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 1331.0393) against the same month in 2013 (average: 1309.6095), the exchange rate shifted by +21.4298 (+1.64%).

2014 Avg (October) 1331.0393

2013 Avg (October) 1309.6095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1296.5009	1283.9792	1291.4806
February	1306.5929	1284.6797	1290.9305
March	1307.5645	1286.9141	1295.1858
April	1304.7066	1295.0473	1301.3659
May	1312.3032	1303.8542	1306.7801
June	1307.5559	1303.9878	1305.5895
July	1324.5196	1302.6204	1309.0763
August	1337.0569	1325.7880	1329.1332
September	1338.3559	1324.4143	1333.6859
October	1342.5208	1325.4624	1331.0393
November	1334.7140	1324.4275	1330.1115
December	1341.8485	1329.2944	1333.2904