2014 ETB to KPW Historical Review

YEARLY HIGH

47.3289 KPW

YEARLY LOW

44.4910 KPW

YEARLY AVERAGE

45.7696 KPW

2014 ETB to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 47.3289. Conversely, the yearly low was recorded on December 31, dropping to 44.4910.

This high-to-low spread represents a total annual volatility of 2.8379 KPW. From a start-to-finish perspective, comparing the January average rate of 46.9591 to the December average rate of 44.6067, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 47.3289 was down 4.35% compared to the 2013 peak of 49.4788, 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 236,644 KPW

2013 Average 240,510 KPW

Yearly Trough Low 222,455 KPW

Transaction Impact: A difference of 14,189.55 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

47.1943

44.3715

JanuMarcMayJulySeptNove

ETB to KPW 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 46.4509, compared to 45.0884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3625 points.

H1 Avg (Jan–Jun) 46.4509

H2 Avg (Jul–Dec) 45.0884

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.7832 KPW (High: 47.3289 / Low: 46.5457). On the other end, June was the most stable month, with a tight range of 0.1304 KPW (High: 46.0263 / Low: 45.8959).

February Spread (Volatile) ±0.7832

June Spread (Stable) ±0.1304

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 0.3781 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.3781

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 46.7679) against the same month in 2013 (average: 48.9195), the exchange rate shifted by -2.1516 (-4.40%).

2014 Avg (February) 46.7679

2013 Avg (February) 48.9195

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.1992	46.7519	46.9591
February	47.3289	46.5457	46.7679
March	46.9371	46.4466	46.6441
April	46.4467	46.0258	46.2660
May	46.3535	45.9904	46.1163
June	46.0263	45.8959	45.9518
July	45.9156	45.5042	45.6244
August	45.5231	45.1717	45.3876
September	45.3122	44.8543	45.1406
October	45.3526	44.7663	44.9594
November	45.0032	44.6753	44.8117
December	44.7327	44.4910	44.6067