2014 JMD to ETB Historical Review

YEARLY HIGH

0.1809 ETB

YEARLY LOW

0.1751 ETB

YEARLY AVERAGE

0.1774 ETB

2014 JMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1809. Conversely, the yearly low was recorded on July 12, dropping to 0.1751.

This high-to-low spread represents a total annual volatility of 0.0058 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1801 to the December average rate of 0.1771, the exchange rate registered a net change of -1.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1809 was down 9.51% compared to the 2013 peak of 0.1999, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 904 ETB

2013 Average 939 ETB

Yearly Trough Low 875 ETB

Transaction Impact: A difference of 28.91 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1806

0.1752

JanuMarcMayJulySeptNove

JMD 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 0.1778, compared to 0.1770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1778

H2 Avg (Jul–Dec) 0.1770

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0031 ETB (High: 0.1788 / Low: 0.1757). On the other end, November was the most stable month, with a tight range of 0.0008 ETB (High: 0.1784 / Low: 0.1776).

March Spread (Volatile) ±0.0031

November Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.1801) against the same month in 2013 (average: 0.1976), the exchange rate shifted by -0.0175 (-8.83%).

2014 Avg (January) 0.1801

2013 Avg (January) 0.1976

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1809	0.1789	0.1801
February	0.1800	0.1770	0.1790
March	0.1788	0.1757	0.1775
April	0.1781	0.1772	0.1775
May	0.1782	0.1759	0.1766
June	0.1767	0.1754	0.1760
July	0.1761	0.1751	0.1756
August	0.1766	0.1757	0.1762
September	0.1774	0.1765	0.1771
October	0.1784	0.1774	0.1780
November	0.1784	0.1776	0.1780
December	0.1776	0.1765	0.1771