2014 ETB to NZD Historical Review

YEARLY HIGH

0.0649 NZD

YEARLY LOW

0.0575 NZD

YEARLY AVERAGE

0.0613 NZD

2014 ETB to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.0649. Conversely, the yearly low was recorded on July 13, dropping to 0.0575.

This high-to-low spread represents a total annual volatility of 0.0074 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0631 to the December average rate of 0.0639, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0649 was down 6.02% compared to the 2013 peak of 0.0690, 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 324 NZD

2013 Average 326 NZD

Yearly Trough Low 288 NZD

Transaction Impact: A difference of 36.80 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0644

0.0578

JanuMarcMayJulySeptNove

ETB to NZD 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 0.0608, compared to 0.0618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0608

H2 Avg (Jul–Dec) 0.0618

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0045 NZD (High: 0.0644 / Low: 0.0599). On the other end, April was the most stable month, with a tight range of 0.0011 NZD (High: 0.0603 / Low: 0.0591).

September Spread (Volatile) ±0.0045

April Spread (Stable) ±0.0011

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 0.0019 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0639) against the same month in 2013 (average: 0.0637), the exchange rate shifted by +0.0002 (+0.31%).

2014 Avg (December) 0.0639

2013 Avg (December) 0.0637

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0645	0.0624	0.0631
February	0.0644	0.0617	0.0627
March	0.0619	0.0595	0.0608
April	0.0603	0.0591	0.0597
May	0.0602	0.0588	0.0596
June	0.0606	0.0581	0.0592
July	0.0596	0.0575	0.0584
August	0.0604	0.0593	0.0598
September	0.0644	0.0599	0.0617
October	0.0644	0.0626	0.0636
November	0.0646	0.0629	0.0636
December	0.0649	0.0631	0.0639