2015 ETB to MRO Historical Review

YEARLY HIGH

16.1825 MRO

YEARLY LOW

13.7594 MRO

YEARLY AVERAGE

14.9525 MRO

2015 ETB to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ETB to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 16.1825. Conversely, the yearly low was recorded on October 11, dropping to 13.7594.

This high-to-low spread represents a total annual volatility of 2.4231 MRO. From a start-to-finish perspective, comparing the January average rate of 14.3876 to the December average rate of 14.4315, the exchange rate registered a net change of 0.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 16.1825 was up 5.00% compared to the 2014 peak of 15.4122, 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 80,913 MRO

2014 Average 74,278 MRO

Yearly Trough Low 68,797 MRO

Transaction Impact: A difference of 12,115.51 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

15.8469

14.1204

JanuMarcMayJulySeptNove

ETB to MRO 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 14.9051, compared to 14.9998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0948 points.

H1 Avg (Jan–Jun) 14.9051

H2 Avg (Jul–Dec) 14.9998

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 1.8095 MRO (High: 15.5689 / Low: 13.7594). On the other end, January was the most stable month, with a tight range of 0.1214 MRO (High: 14.4552 / Low: 14.3338).

October Spread (Volatile) ±1.8095

January Spread (Stable) ±0.1214

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8580 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 15.2895) against the same month in 2014 (average: 14.5394), the exchange rate shifted by +0.7502 (+5.16%).

2015 Avg (November) 15.2895

2014 Avg (November) 14.5394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.4552	14.3338	14.3876
February	14.4879	14.2860	14.3507
March	15.4439	14.1415	14.6060
April	15.4792	15.0011	15.3312
May	15.4915	14.7842	15.2479
June	15.7846	15.0637	15.5070
July	15.8181	15.5146	15.7030
August	15.7870	15.0132	15.4170
September	15.3351	13.9705	14.8937
October	15.5689	13.7594	14.2643
November	16.1825	14.9615	15.2895
December	14.7325	14.0248	14.4315