2014 ETB to RUB Historical Review

YEARLY HIGH

3.3974 RUB

YEARLY LOW

1.7193 RUB

YEARLY AVERAGE

1.9563 RUB

2014 ETB to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 3.3974. Conversely, the yearly low was recorded on June 26, dropping to 1.7193.

This high-to-low spread represents a total annual volatility of 1.6781 RUB. From a start-to-finish perspective, comparing the January average rate of 1.7587 to the December average rate of 2.7894, the exchange rate registered a net change of 58.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.3974 was up 91.29% compared to the 2013 peak of 1.7760, 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 16,987 RUB

2013 Average 8,511 RUB

Yearly Trough Low 8,597 RUB

Transaction Impact: A difference of 8,390.41 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.8928

1.6516

JanuMarcMayJulySeptNove

ETB to RUB 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 1.8070, compared to 2.1057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2987 points.

H1 Avg (Jan–Jun) 1.8070

H2 Avg (Jul–Dec) 2.1057

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.8626 RUB (High: 3.3974 / Low: 2.5348). On the other end, April was the most stable month, with a tight range of 0.0488 RUB (High: 1.8615 / Low: 1.8127).

December Spread (Volatile) ±0.8626

April Spread (Stable) ±0.0488

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0459 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.7894) against the same month in 2013 (average: 1.7203), the exchange rate shifted by +1.0691 (+62.14%).

2014 Avg (December) 2.7894

2013 Avg (December) 1.7203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8314	1.7210	1.7587
February	1.8691	1.7973	1.8322
March	1.9030	1.8174	1.8742
April	1.8615	1.8127	1.8339
May	1.8344	1.7495	1.7879
June	1.7921	1.7193	1.7550
July	1.8053	1.7251	1.7609
August	1.8624	1.8070	1.8245
September	1.9837	1.8438	1.9069
October	2.1423	1.9792	2.0427
November	2.4822	2.1415	2.3096
December	3.3974	2.5348	2.7894