2014 NPR to ALL Historical Review

YEARLY HIGH

1.1516 ALL

YEARLY LOW

1.0187 ALL

YEARLY AVERAGE

1.0791 ALL

2014 NPR to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NPR to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 1.1516. Conversely, the yearly low was recorded on January 27, dropping to 1.0187.

This high-to-low spread represents a total annual volatility of 0.1329 ALL. From a start-to-finish perspective, comparing the January average rate of 1.0388 to the December average rate of 1.1334, the exchange rate registered a net change of 9.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1516 was down 8.40% compared to the 2013 peak of 1.2573, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,758 ALL

2013 Average 5,669 ALL

Yearly Trough Low 5,094 ALL

Transaction Impact: A difference of 664.46 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1434

1.0225

JanuMarcMayJulySeptNove

NPR 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 1.0513, compared to 1.1070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0557 points.

H1 Avg (Jan–Jun) 1.0513

H2 Avg (Jul–Dec) 1.1070

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0527 ALL (High: 1.0972 / Low: 1.0445). On the other end, February was the most stable month, with a tight range of 0.0115 ALL (High: 1.0380 / Low: 1.0265).

May Spread (Volatile) ±0.0527

February Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0062 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.1334) against the same month in 2013 (average: 1.0336), the exchange rate shifted by +0.0998 (+9.65%).

2014 Avg (December) 1.1334

2013 Avg (December) 1.0336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0543	1.0187	1.0388
February	1.0380	1.0265	1.0326
March	1.0670	1.0239	1.0387
April	1.0621	1.0374	1.0491
May	1.0972	1.0445	1.0706
June	1.0904	1.0667	1.0777
July	1.0798	1.0658	1.0739
August	1.0897	1.0606	1.0722
September	1.1262	1.0885	1.1131
October	1.1279	1.1053	1.1178
November	1.1418	1.1186	1.1314
December	1.1516	1.1116	1.1334