2014 ETB to MDL Historical Review

YEARLY HIGH

0.7765 MDL

YEARLY LOW

0.6776 MDL

YEARLY AVERAGE

0.7121 MDL

2014 ETB to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.7765. Conversely, the yearly low was recorded on January 8, dropping to 0.6776.

This high-to-low spread represents a total annual volatility of 0.0989 MDL. From a start-to-finish perspective, comparing the January average rate of 0.6876 to the December average rate of 0.7647, the exchange rate registered a net change of 11.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7765 was up 12.01% compared to the 2013 peak of 0.6933, 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 3,883 MDL

2013 Average 3,350 MDL

Yearly Trough Low 3,388 MDL

Transaction Impact: A difference of 494.70 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7724

0.6799

JanuMarcMayJulySeptNove

ETB to MDL 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 0.6968, compared to 0.7274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0306 points.

H1 Avg (Jan–Jun) 0.6968

H2 Avg (Jul–Dec) 0.7274

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0312 MDL (High: 0.7765 / Low: 0.7454). On the other end, April was the most stable month, with a tight range of 0.0085 MDL (High: 0.6935 / Low: 0.6851).

December Spread (Volatile) ±0.0312

April Spread (Stable) ±0.0085

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 July and August, when the average rate fell by 0.0105 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.7647) against the same month in 2013 (average: 0.6772), the exchange rate shifted by +0.0875 (+12.92%).

2014 Avg (December) 0.7647

2013 Avg (December) 0.6772

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7008	0.6776	0.6876
February	0.7103	0.6959	0.7015
March	0.7074	0.6876	0.6964
April	0.6935	0.6851	0.6887
May	0.7072	0.6860	0.6958
June	0.7155	0.7058	0.7107
July	0.7148	0.7010	0.7079
August	0.7050	0.6903	0.6973
September	0.7285	0.7061	0.7176
October	0.7372	0.7254	0.7322
November	0.7523	0.7312	0.7444
December	0.7765	0.7454	0.7647