2014 ETB to KES Historical Review

YEARLY HIGH

4.5446 KES

YEARLY LOW

4.4163 KES

YEARLY AVERAGE

4.4711 KES

2014 ETB to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 4.5446. Conversely, the yearly low was recorded on September 4, dropping to 4.4163.

This high-to-low spread represents a total annual volatility of 0.1283 KES. From a start-to-finish perspective, comparing the January average rate of 4.5011 to the December average rate of 4.4834, the exchange rate registered a net change of -0.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 4.5446 was down 5.07% compared to the 2013 peak of 4.7875, 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 22,723 KES

2013 Average 23,011 KES

Yearly Trough Low 22,081 KES

Transaction Impact: A difference of 641.60 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

4.5067

4.4397

JanuMarcMayJulySeptNove

ETB to KES 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 4.4804, compared to 4.4618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 4.4804

H2 Avg (Jul–Dec) 4.4618

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0854 KES (High: 4.5446 / Low: 4.4592). On the other end, August was the most stable month, with a tight range of 0.0247 KES (High: 4.4611 / Low: 4.4365).

January Spread (Volatile) ±0.0854

August Spread (Stable) ±0.0247

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0244 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 4.5011) against the same month in 2013 (average: 4.7507), the exchange rate shifted by -0.2496 (-5.25%).

2014 Avg (January) 4.5011

2013 Avg (January) 4.7507

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.5446	4.4592	4.5011
February	4.5330	4.4563	4.4835
March	4.5208	4.4591	4.4845
April	4.4733	4.4436	4.4601
May	4.5000	4.4455	4.4795
June	4.4983	4.4584	4.4733
July	4.4793	4.4352	4.4490
August	4.4611	4.4365	4.4453
September	4.4766	4.4163	4.4568
October	4.4934	4.4355	4.4573
November	4.4916	4.4573	4.4792
December	4.5023	4.4697	4.4834