2014 FKP to SZL Historical Review

YEARLY HIGH

18.5200 SZL

YEARLY LOW

17.1401 SZL

YEARLY AVERAGE

17.8620 SZL

2014 FKP to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FKP to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 18.5200. Conversely, the yearly low was recorded on November 23, dropping to 17.1401.

This high-to-low spread represents a total annual volatility of 1.3799 SZL. From a start-to-finish perspective, comparing the January average rate of 17.8732 to the December average rate of 17.9796, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 18.5200 was up 6.62% compared to the 2013 peak of 17.3702, 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 92,600 SZL

2013 Average 75,527 SZL

Yearly Trough Low 85,701 SZL

Transaction Impact: A difference of 6,899.49 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

18.2752

17.4088

JanuMarcMayJulySeptNove

FKP to SZL 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 17.8611, compared to 17.8629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 17.8611

H2 Avg (Jul–Dec) 17.8629

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 1.0895 SZL (High: 18.5200 / Low: 17.4306). On the other end, April was the most stable month, with a tight range of 0.4195 SZL (High: 17.9056 / Low: 17.4861).

January Spread (Volatile) ±1.0895

April Spread (Stable) ±0.4195

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3938 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3938

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 17.8732) against the same month in 2013 (average: 14.0112), the exchange rate shifted by +3.8620 (+27.56%).

2014 Avg (January) 17.8732

2013 Avg (January) 14.0112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.5200	17.4306	17.8732
February	18.4878	17.9160	18.1895
March	18.0483	17.5979	17.8583
April	17.9056	17.4861	17.6661
May	17.8387	17.3017	17.5314
June	18.3001	17.6251	18.0481
July	18.4657	17.8594	18.2030
August	18.1101	17.6270	17.8091
September	18.3078	17.3394	17.8924
October	18.2329	17.4574	17.8124
November	17.8851	17.1401	17.4810
December	18.3894	17.3448	17.9796