2014 GMD to ALL Historical Review

YEARLY HIGH

2.8207 ALL

YEARLY LOW

2.5336 ALL

YEARLY AVERAGE

2.6451 ALL

2014 GMD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 2.8207. Conversely, the yearly low was recorded on October 28, dropping to 2.5336.

This high-to-low spread represents a total annual volatility of 0.2871 ALL. From a start-to-finish perspective, comparing the January average rate of 2.7100 to the December average rate of 2.6393, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.8207 was down 15.71% compared to the 2013 peak of 3.3463, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,104 ALL

2013 Average 15,648 ALL

Yearly Trough Low 12,668 ALL

Transaction Impact: A difference of 1,435.57 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.7546

2.5538

JanuMarcMayJulySeptNove

GMD to ALL 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 2.6403, compared to 2.6499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 2.6403

H2 Avg (Jul–Dec) 2.6499

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.2871 ALL (High: 2.8207 / Low: 2.5336). On the other end, March was the most stable month, with a tight range of 0.0285 ALL (High: 2.6761 / Low: 2.6476).

October Spread (Volatile) ±0.2871

March Spread (Stable) ±0.0285

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0911 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 2.6869) against the same month in 2013 (average: 3.1613), the exchange rate shifted by -0.4744 (-15.01%).

2014 Avg (October) 2.6869

2013 Avg (October) 3.1613

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7329	2.6831	2.7100
February	2.7343	2.6633	2.6958
March	2.6761	2.6476	2.6619
April	2.6776	2.5480	2.6082
May	2.5958	2.5450	2.5705
June	2.6118	2.5770	2.5954
July	2.6223	2.5888	2.6075
August	2.6709	2.6107	2.6320
September	2.7946	2.6561	2.7379
October	2.8207	2.5336	2.6869
November	2.6210	2.5604	2.5958
December	2.6915	2.6012	2.6393