2014 ETB to PEN Historical Review

YEARLY HIGH

0.1483 PEN

YEARLY LOW

0.1406 PEN

YEARLY AVERAGE

0.1443 PEN

2014 ETB to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1483. Conversely, the yearly low was recorded on July 7, dropping to 0.1406.

This high-to-low spread represents a total annual volatility of 0.0077 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1466 to the December average rate of 0.1468, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1483 was down 0.84% compared to the 2013 peak of 0.1496, 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 742 PEN

2013 Average 722 PEN

Yearly Trough Low 703 PEN

Transaction Impact: A difference of 38.58 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1474

0.1407

JanuMarcMayJulySeptNove

ETB to PEN 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 0.1446, compared to 0.1441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1446

H2 Avg (Jul–Dec) 0.1441

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0033 PEN (High: 0.1483 / Low: 0.1451). On the other end, October was the most stable month, with a tight range of 0.0009 PEN (High: 0.1456 / Low: 0.1447).

February Spread (Volatile) ±0.0033

October Spread (Stable) ±0.0009

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 March and April, 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 (February 2014: 0.1462) against the same month in 2013 (average: 0.1403), the exchange rate shifted by +0.0060 (+4.26%).

2014 Avg (February) 0.1462

2013 Avg (February) 0.1403

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1471	0.1461	0.1466
February	0.1483	0.1451	0.1462
March	0.1466	0.1448	0.1455
April	0.1449	0.1424	0.1435
May	0.1443	0.1414	0.1430
June	0.1431	0.1414	0.1426
July	0.1427	0.1406	0.1412
August	0.1432	0.1409	0.1419
September	0.1450	0.1431	0.1437
October	0.1456	0.1447	0.1452
November	0.1463	0.1448	0.1456
December	0.1480	0.1453	0.1468