2014 FJD to ETB Historical Review

YEARLY HIGH

10.7908 ETB

YEARLY LOW

10.0891 ETB

YEARLY AVERAGE

10.4651 ETB

2014 FJD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FJD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 10.7908. Conversely, the yearly low was recorded on February 5, dropping to 10.0891.

This high-to-low spread represents a total annual volatility of 0.7016 ETB. From a start-to-finish perspective, comparing the January average rate of 10.1687 to the December average rate of 10.1910, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.7908 was up 2.54% compared to the 2013 peak of 10.5238, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FJD based on timing:

Yearly Peak High 53,954 ETB

2013 Average 51,114 ETB

Yearly Trough Low 50,446 ETB

Transaction Impact: A difference of 3,508.23 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.7984

10.1115

JanuMarcMayJulySeptNove

FJD to ETB 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 10.4483, compared to 10.4818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0336 points.

H1 Avg (Jan–Jun) 10.4483

H2 Avg (Jul–Dec) 10.4818

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.3867 ETB (High: 10.7564 / Low: 10.3696). On the other end, August was the most stable month, with a tight range of 0.0862 ETB (High: 10.7393 / Low: 10.6532).

September Spread (Volatile) ±0.3867

August Spread (Stable) ±0.0862

Growth Streaks & Declines

Trends

Between January and July, 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 September and October, when the average rate fell by 0.1747 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1747

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 10.7411) against the same month in 2013 (average: 9.9362), the exchange rate shifted by +0.8049 (+8.10%).

2014 Avg (July) 10.7411

2013 Avg (July) 9.9362

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2496	10.0916	10.1687
February	10.3444	10.0891	10.2514
March	10.5454	10.2756	10.3691
April	10.6462	10.4882	10.5888
May	10.6947	10.5731	10.6363
June	10.7413	10.6057	10.6752
July	10.7908	10.6667	10.7411
August	10.7393	10.6532	10.6858
September	10.7564	10.3696	10.5635
October	10.4925	10.3295	10.3888
November	10.4099	10.2288	10.3208
December	10.3206	10.1085	10.1910