2014 HKD to ALL Historical Review

YEARLY HIGH

14.8959 ALL

YEARLY LOW

12.9883 ALL

YEARLY AVERAGE

13.6071 ALL

2014 HKD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HKD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 14.8959. Conversely, the yearly low was recorded on May 6, dropping to 12.9883.

This high-to-low spread represents a total annual volatility of 1.9075 ALL. From a start-to-finish perspective, comparing the January average rate of 13.3057 to the December average rate of 14.6754, the exchange rate registered a net change of 10.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 14.8959 was up 5.07% compared to the 2013 peak of 14.1774, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 372,397 ALL

2013 Average 340,602 ALL

Yearly Trough Low 324,708 ALL

Transaction Impact: A difference of 47,688.14 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

14.8354

12.9158

JanuMarcMayJulySeptNove

HKD 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 13.1933, compared to 14.0208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8275 points.

H1 Avg (Jan–Jun) 13.1933

H2 Avg (Jul–Dec) 14.0208

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.5620 ALL (High: 14.2528 / Low: 13.6908). On the other end, June was the most stable month, with a tight range of 0.1122 ALL (High: 13.3407 / Low: 13.2285).

September Spread (Volatile) ±0.5620

June Spread (Stable) ±0.1122

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1772 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 14.6754) against the same month in 2013 (average: 13.1987), the exchange rate shifted by +1.4768 (+11.19%).

2014 Avg (December) 14.6754

2013 Avg (December) 13.1987

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.4253	13.1628	13.3057
February	13.4261	13.1100	13.2565
March	13.1623	12.9893	13.0793
April	13.1522	13.0225	13.0757
May	13.2722	12.9883	13.1529
June	13.3407	13.2285	13.2899
July	13.4026	13.2432	13.3321
August	13.6897	13.3826	13.4920
September	14.2528	13.6908	14.0081
October	14.4064	14.0384	14.1808
November	14.5606	14.2457	14.4362
December	14.8959	14.4620	14.6754