2014 MDL to RUB Historical Review

YEARLY HIGH

4.4276 RUB

YEARLY LOW

2.4061 RUB

YEARLY AVERAGE

2.7386 RUB

2014 MDL to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MDL to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 4.4276. Conversely, the yearly low was recorded on June 28, dropping to 2.4061.

This high-to-low spread represents a total annual volatility of 2.0216 RUB. From a start-to-finish perspective, comparing the January average rate of 2.5574 to the December average rate of 3.6472, the exchange rate registered a net change of 42.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 4.4276 was up 62.33% compared to the 2013 peak of 2.7276, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,138 RUB

2013 Average 12,706 RUB

Yearly Trough Low 12,030 RUB

Transaction Impact: A difference of 10,107.85 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.7649

2.3521

JanuMarcMayJulySeptNove

MDL to RUB 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 2.5938, compared to 2.8835 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2896 points.

H1 Avg (Jan–Jun) 2.5938

H2 Avg (Jul–Dec) 2.8835

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.1428 RUB (High: 4.4276 / Low: 3.2848). On the other end, February was the most stable month, with a tight range of 0.0660 RUB (High: 2.6458 / Low: 2.5798).

December Spread (Volatile) ±1.1428

February Spread (Stable) ±0.0660

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1003 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 3.6472) against the same month in 2013 (average: 2.5407), the exchange rate shifted by +1.1065 (+43.55%).

2014 Avg (December) 3.6472

2013 Avg (December) 2.5407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6195	2.5228	2.5574
February	2.6458	2.5798	2.6116
March	2.7489	2.6367	2.6912
April	2.7031	2.6326	2.6629
May	2.6667	2.5065	2.5701
June	2.5342	2.4061	2.4698
July	2.5754	2.4246	2.4878
August	2.6427	2.5728	2.6164
September	2.7412	2.5994	2.6572
October	2.9276	2.7048	2.7899
November	3.3311	2.9287	3.1023
December	4.4276	3.2848	3.6472