2014 ETB to PHP Historical Review

YEARLY HIGH

2.3840 PHP

YEARLY LOW

2.1728 PHP

YEARLY AVERAGE

2.2582 PHP

2014 ETB to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.3840. Conversely, the yearly low was recorded on September 4, dropping to 2.1728.

This high-to-low spread represents a total annual volatility of 0.2112 PHP. From a start-to-finish perspective, comparing the January average rate of 2.3462 to the December average rate of 2.2144, the exchange rate registered a net change of -5.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.3840 was up 0.69% compared to the 2013 peak of 2.3676, 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 11,920 PHP

2013 Average 11,342 PHP

Yearly Trough Low 10,864 PHP

Transaction Impact: A difference of 1,056.12 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.3603

2.1903

JanuMarcMayJulySeptNove

ETB to PHP 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 2.2961, compared to 2.2202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0759 points.

H1 Avg (Jan–Jun) 2.2961

H2 Avg (Jul–Dec) 2.2202

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0817 PHP (High: 2.2545 / Low: 2.1728). On the other end, November was the most stable month, with a tight range of 0.0171 PHP (High: 2.2482 / Low: 2.2310).

September Spread (Volatile) ±0.0817

November Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0436 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0436

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 2.3314) against the same month in 2013 (average: 2.2114), the exchange rate shifted by +0.1200 (+5.43%).

2014 Avg (February) 2.3314

2013 Avg (February) 2.2114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3635	2.3205	2.3462
February	2.3840	2.3085	2.3314
March	2.3525	2.2923	2.3209
April	2.3155	2.2746	2.2930
May	2.2800	2.2327	2.2494
June	2.2489	2.2243	2.2360
July	2.2274	2.1892	2.2044
August	2.2253	2.1922	2.2083
September	2.2545	2.1728	2.2166
October	2.2601	2.2244	2.2389
November	2.2482	2.2310	2.2386
December	2.2287	2.2051	2.2144