2014 ETB to STD Historical Review

YEARLY HIGH

995.9561 STD

YEARLY LOW

901.8064 STD

YEARLY AVERAGE

938.8999 STD

2014 ETB to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 995.9561. Conversely, the yearly low was recorded on May 6, dropping to 901.8064.

This high-to-low spread represents a total annual volatility of 94.1497 STD. From a start-to-finish perspective, comparing the January average rate of 939.4211 to the December average rate of 986.5716, the exchange rate registered a net change of 5.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 995.9561 was down 4.44% compared to the 2013 peak of 1042.2803, 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 4,979,780 STD

2013 Average 4,938,082 STD

Yearly Trough Low 4,509,032 STD

Transaction Impact: A difference of 470,748.42 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

993.9532

905.3747

JanuMarcMayJulySeptNove

ETB to STD 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 923.1938, compared to 954.6061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.4123 points.

H1 Avg (Jan–Jun) 923.1938

H2 Avg (Jul–Dec) 954.6061

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 37.1835 STD (High: 952.4150 / Low: 915.2315). On the other end, June was the most stable month, with a tight range of 8.7139 STD (High: 925.0683 / Low: 916.3543).

February Spread (Volatile) ±37.1835

June Spread (Stable) ±8.7139

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 14.3794 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -14.3794

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 986.5716) against the same month in 2013 (average: 938.4128), the exchange rate shifted by +48.1588 (+5.13%).

2014 Avg (December) 986.5716

2013 Avg (December) 938.4128

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	945.7379	931.3942	939.4211
February	952.4150	915.2315	933.2097
March	928.5113	912.0434	918.8303
April	920.8307	905.1661	912.7562
May	921.1860	901.8064	914.6754
June	925.0683	916.3543	920.2698
July	924.8733	906.6971	915.9517
August	936.0992	923.0970	927.8325
September	969.5507	937.5604	952.3809
October	980.4689	956.4532	966.1077
November	986.0867	970.2691	978.7921
December	995.9561	971.8535	986.5716