2014 LTL to MRO Historical Review

YEARLY HIGH

119.6144 MRO

YEARLY LOW

102.6082 MRO

YEARLY AVERAGE

112.4361 MRO

2014 LTL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LTL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 119.6144. Conversely, the yearly low was recorded on December 31, dropping to 102.6082.

This high-to-low spread represents a total annual volatility of 17.0061 MRO. From a start-to-finish perspective, comparing the January average rate of 114.7266 to the December average rate of 103.7148, the exchange rate registered a net change of -9.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 119.6144 was down 0.72% compared to the 2013 peak of 120.4817, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 598,072 MRO

2013 Average 564,975 MRO

Yearly Trough Low 513,041 MRO

Transaction Impact: A difference of 85,030.68 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

119.4619

102.2832

JanuMarcMayJulySeptNove

LTL to MRO 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 116.1473, compared to 108.7250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.4222 points.

H1 Avg (Jan–Jun) 116.1473

H2 Avg (Jul–Dec) 108.7250

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 4.2212 MRO (High: 110.9551 / Low: 106.7338). On the other end, June was the most stable month, with a tight range of 1.6262 MRO (High: 116.0590 / Low: 114.4328).

September Spread (Volatile) ±4.2212

June Spread (Stable) ±1.6262

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 3.7938 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.7938

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 118.0304) against the same month in 2013 (average: 103.2908), the exchange rate shifted by +14.7395 (+14.27%).

2014 Avg (April) 118.0304

2013 Avg (April) 103.2908

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	115.9367	113.8317	114.7266
February	116.0723	113.7920	115.0544
March	118.5690	115.8212	117.1141
April	119.6144	115.9753	118.0304
May	118.7116	114.8725	116.8388
June	116.0590	114.4328	115.1193
July	115.4744	113.3027	114.4361
August	113.4358	110.9365	112.6548
September	110.9551	106.7338	108.8610
October	108.5826	105.8213	107.1974
November	107.0581	104.4193	105.4860
December	105.3324	102.6082	103.7148