2014 FKP to ETB Historical Review

YEARLY HIGH

33.8262 ETB

YEARLY LOW

31.0127 ETB

YEARLY AVERAGE

32.3939 ETB

2014 FKP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FKP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 33.8262. Conversely, the yearly low was recorded on February 5, dropping to 31.0127.

This high-to-low spread represents a total annual volatility of 2.8135 ETB. From a start-to-finish perspective, comparing the January average rate of 31.5575 to the December average rate of 31.5348, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 33.8262 was up 6.63% compared to the 2013 peak of 31.7231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 169,131 ETB

2013 Average 146,433 ETB

Yearly Trough Low 155,064 ETB

Transaction Impact: A difference of 14,067.30 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

33.8863

31.3210

JanuMarcMayJulySeptNove

FKP 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 32.3475, compared to 32.4403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0928 points.

H1 Avg (Jan–Jun) 32.3475

H2 Avg (Jul–Dec) 32.4403

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 1.3279 ETB (High: 32.3407 / Low: 31.0127). On the other end, December was the most stable month, with a tight range of 0.4166 ETB (High: 31.7689 / Low: 31.3523).

February Spread (Volatile) ±1.3279

December Spread (Stable) ±0.4166

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 August and September, when the average rate fell by 0.6172 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.6172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 33.6726) against the same month in 2013 (average: 28.4668), the exchange rate shifted by +5.2058 (+18.29%).

2014 Avg (July) 33.6726

2013 Avg (July) 28.4668

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.8975	31.3076	31.5575
February	32.3407	31.0127	31.8749
March	32.3733	31.6992	32.0796
April	32.9792	32.2073	32.5669
May	33.1531	32.7002	32.8648
June	33.5157	32.7703	33.1413
July	33.8262	33.3768	33.6726
August	33.4186	32.8842	33.1061
September	33.0585	31.9906	32.4889
October	32.3619	31.7483	32.1671
November	32.1601	31.3534	31.6721
December	31.7689	31.3523	31.5348