2014 MRO to ALL Historical Review

YEARLY HIGH

0.3952 ALL

YEARLY LOW

0.3393 ALL

YEARLY AVERAGE

0.3612 ALL

2014 MRO to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MRO to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3952. Conversely, the yearly low was recorded on April 13, dropping to 0.3393.

This high-to-low spread represents a total annual volatility of 0.0558 ALL. From a start-to-finish perspective, comparing the January average rate of 0.3549 to the December average rate of 0.3912, the exchange rate registered a net change of 10.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3952 was down 4.71% compared to the 2013 peak of 0.4147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,976 ALL

2013 Average 1,802 ALL

Yearly Trough Low 1,697 ALL

Transaction Impact: A difference of 279.04 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3960

0.3388

JanuMarcMayJulySeptNove

MRO 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 0.3498, compared to 0.3726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 0.3498

H2 Avg (Jul–Dec) 0.3726

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0157 ALL (High: 0.3796 / Low: 0.3639). On the other end, July was the most stable month, with a tight range of 0.0048 ALL (High: 0.3566 / Low: 0.3517).

September Spread (Volatile) ±0.0157

July Spread (Stable) ±0.0048

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 0.0065 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.3912) against the same month in 2013 (average: 0.3510), the exchange rate shifted by +0.0402 (+11.47%).

2014 Avg (December) 0.3912

2013 Avg (December) 0.3510

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3578	0.3509	0.3549
February	0.3575	0.3499	0.3536
March	0.3502	0.3428	0.3471
April	0.3491	0.3393	0.3436
May	0.3529	0.3415	0.3472
June	0.3546	0.3494	0.3525
July	0.3566	0.3517	0.3542
August	0.3636	0.3552	0.3580
September	0.3796	0.3639	0.3724
October	0.3817	0.3717	0.3766
November	0.3876	0.3755	0.3834
December	0.3952	0.3857	0.3912