2014 NAD to ETB Historical Review

YEARLY HIGH

1.8922 ETB

YEARLY LOW

1.7079 ETB

YEARLY AVERAGE

1.8140 ETB

2014 NAD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NAD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 1.8922. Conversely, the yearly low was recorded on February 5, dropping to 1.7079.

This high-to-low spread represents a total annual volatility of 0.1844 ETB. From a start-to-finish perspective, comparing the January average rate of 1.7656 to the December average rate of 1.7549, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.8922 was down 12.34% compared to the 2013 peak of 2.1585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,461 ETB

2013 Average 9,724 ETB

Yearly Trough Low 8,539 ETB

Transaction Impact: A difference of 921.81 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.8868

1.7407

JanuMarcMayJulySeptNove

NAD 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 1.8117, compared to 1.8163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 1.8117

H2 Avg (Jul–Dec) 1.8163

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1037 ETB (High: 1.8156 / Low: 1.7118). On the other end, August was the most stable month, with a tight range of 0.0330 ETB (High: 1.8758 / Low: 1.8429).

January Spread (Volatile) ±0.1037

August Spread (Stable) ±0.0330

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0567 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 1.8746) against the same month in 2013 (average: 2.0016), the exchange rate shifted by -0.1270 (-6.34%).

2014 Avg (May) 1.8746

2013 Avg (May) 2.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8156	1.7118	1.7656
February	1.7980	1.7079	1.7529
March	1.8360	1.7692	1.7966
April	1.8631	1.8239	1.8439
May	1.8922	1.8506	1.8746
June	1.8549	1.8157	1.8365
July	1.8801	1.8305	1.8503
August	1.8758	1.8429	1.8595
September	1.8659	1.7708	1.8160
October	1.8384	1.7700	1.8055
November	1.8368	1.7777	1.8116
December	1.8264	1.7259	1.7549