2014 ETB to LTL Historical Review

YEARLY HIGH

0.1409 LTL

YEARLY LOW

0.1270 LTL

YEARLY AVERAGE

0.1323 LTL

2014 ETB to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1409. Conversely, the yearly low was recorded on May 6, dropping to 0.1270.

This high-to-low spread represents a total annual volatility of 0.0139 LTL. From a start-to-finish perspective, comparing the January average rate of 0.1323 to the December average rate of 0.1390, the exchange rate registered a net change of 5.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1409 was down 3.99% compared to the 2013 peak of 0.1467, 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 704 LTL

2013 Average 695 LTL

Yearly Trough Low 635 LTL

Transaction Impact: A difference of 69.25 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1401

0.1275

JanuMarcMayJulySeptNove

ETB to LTL 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 0.1300, compared to 0.1346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.1300

H2 Avg (Jul–Dec) 0.1346

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0048 LTL (High: 0.1369 / Low: 0.1321). On the other end, June was the most stable month, with a tight range of 0.0015 LTL (High: 0.1303 / Low: 0.1288).

September Spread (Volatile) ±0.0048

June Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0020 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1390) against the same month in 2013 (average: 0.1319), the exchange rate shifted by +0.0071 (+5.37%).

2014 Avg (December) 0.1390

2013 Avg (December) 0.1319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1332	0.1311	0.1323
February	0.1342	0.1297	0.1314
March	0.1303	0.1285	0.1294
April	0.1296	0.1274	0.1285
May	0.1298	0.1270	0.1288
June	0.1303	0.1288	0.1296
July	0.1304	0.1285	0.1292
August	0.1320	0.1300	0.1307
September	0.1369	0.1321	0.1344
October	0.1375	0.1349	0.1361
November	0.1386	0.1368	0.1378
December	0.1409	0.1369	0.1390