2014 ETB to NAD Historical Review

YEARLY HIGH

0.5855 NAD

YEARLY LOW

0.5285 NAD

YEARLY AVERAGE

0.5516 NAD

2014 ETB to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.5855. Conversely, the yearly low was recorded on May 14, dropping to 0.5285.

This high-to-low spread represents a total annual volatility of 0.0570 NAD. From a start-to-finish perspective, comparing the January average rate of 0.5665 to the December average rate of 0.5700, the exchange rate registered a net change of 0.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5855 was up 6.30% compared to the 2013 peak of 0.5508, 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 2,928 NAD

2013 Average 2,576 NAD

Yearly Trough Low 2,642 NAD

Transaction Impact: A difference of 285.24 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5743

0.5297

JanuMarcMayJulySeptNove

ETB to NAD 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 0.5524, compared to 0.5508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.5524

H2 Avg (Jul–Dec) 0.5508

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0334 NAD (High: 0.5842 / Low: 0.5508). On the other end, August was the most stable month, with a tight range of 0.0095 NAD (High: 0.5426 / Low: 0.5331).

January Spread (Volatile) ±0.0334

August Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.0143 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 0.5706) against the same month in 2013 (average: 0.4832), the exchange rate shifted by +0.0874 (+18.09%).

2014 Avg (February) 0.5706

2013 Avg (February) 0.4832

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5842	0.5508	0.5665
February	0.5855	0.5562	0.5706
March	0.5652	0.5447	0.5567
April	0.5483	0.5367	0.5424
May	0.5404	0.5285	0.5335
June	0.5507	0.5391	0.5445
July	0.5463	0.5319	0.5405
August	0.5426	0.5331	0.5378
September	0.5647	0.5359	0.5508
October	0.5650	0.5440	0.5539
November	0.5625	0.5444	0.5521
December	0.5794	0.5475	0.5700