2014 ETB to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 ETB to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the ETB to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 8.9052. Conversely, the yearly low was recorded on February 28, dropping to 7.3421.
This high-to-low spread represents a total annual volatility of 1.5631 SYP. From a start-to-finish perspective, comparing the January average rate of 7.3894 to the December average rate of 8.7402, the exchange rate registered a net change of 18.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 8.9052 was up 20.47% compared to the 2013 peak of 7.3922, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
ETB to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.4915, compared to 8.0441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5526 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 0.4004 SYP (High: 8.0270 / Low: 7.6267). On the other end, June was the most stable month, with a tight range of 0.0389 SYP (High: 7.6424 / Low: 7.6035).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 0.0410 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 8.7402) against the same month in 2013 (average: 7.3630), the exchange rate shifted by +1.3771 (+18.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.4283 | 7.3588 | 7.3894 |
| February | 7.4961 | 7.3421 | 7.4056 |
| March | 7.4882 | 7.3518 | 7.4108 |
| April | 7.6115 | 7.3591 | 7.4927 |
| May | 7.6544 | 7.5812 | 7.6259 |
| June | 7.6424 | 7.6035 | 7.6246 |
| July | 7.6328 | 7.5260 | 7.5837 |
| August | 7.6696 | 7.5321 | 7.6051 |
| September | 8.0270 | 7.6267 | 7.8322 |
| October | 8.2039 | 8.0484 | 8.1158 |
| November | 8.5264 | 8.1726 | 8.3874 |
| December | 8.9052 | 8.5772 | 8.7402 |