2014 MRO to ETB Historical Review

YEARLY HIGH

0.0697 ETB

YEARLY LOW

0.0649 ETB

YEARLY AVERAGE

0.0673 ETB

2014 MRO to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MRO to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.0697. Conversely, the yearly low was recorded on March 25, dropping to 0.0649.

This high-to-low spread represents a total annual volatility of 0.0049 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0659 to the December average rate of 0.0694, the exchange rate registered a net change of 5.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0697 was down 1.12% compared to the 2013 peak of 0.0705, 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 349 ETB

2013 Average 319 ETB

Yearly Trough Low 324 ETB

Transaction Impact: A difference of 24.31 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0697

0.0656

JanuMarcMayJulySeptNove

MRO 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 0.0662, compared to 0.0684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0662

H2 Avg (Jul–Dec) 0.0684

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0015 ETB (High: 0.0664 / Low: 0.0649). On the other end, July was the most stable month, with a tight range of 0.0005 ETB (High: 0.0679 / Low: 0.0674).

March Spread (Volatile) ±0.0015

July Spread (Stable) ±0.0005

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 0.0002 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0694) against the same month in 2013 (average: 0.0655), the exchange rate shifted by +0.0039 (+5.88%).

2014 Avg (December) 0.0694

2013 Avg (December) 0.0655

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0664	0.0657	0.0659
February	0.0666	0.0655	0.0662
March	0.0664	0.0649	0.0660
April	0.0665	0.0653	0.0659
May	0.0671	0.0659	0.0664
June	0.0674	0.0666	0.0670
July	0.0679	0.0674	0.0676
August	0.0683	0.0676	0.0679
September	0.0686	0.0680	0.0684
October	0.0688	0.0681	0.0685
November	0.0692	0.0682	0.0688
December	0.0697	0.0690	0.0694