2014 NPR to ETB Historical Review

YEARLY HIGH

0.2085 ETB

YEARLY LOW

0.1901 ETB

YEARLY AVERAGE

0.2012 ETB

2014 NPR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NPR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.2085. Conversely, the yearly low was recorded on February 5, dropping to 0.1901.

This high-to-low spread represents a total annual volatility of 0.0184 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1929 to the December average rate of 0.2009, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2085 was down 3.46% compared to the 2013 peak of 0.2160, 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 1,043 ETB

2013 Average 1,003 ETB

Yearly Trough Low 951 ETB

Transaction Impact: A difference of 92.19 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2062

0.1917

JanuMarcMayJulySeptNove

NPR 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 0.1991, compared to 0.2033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.1991

H2 Avg (Jul–Dec) 0.2033

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0080 ETB (High: 0.2023 / Low: 0.1943). On the other end, November was the most stable month, with a tight range of 0.0016 ETB (High: 0.2037 / Low: 0.2021).

March Spread (Volatile) ±0.0080

November Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.2049) against the same month in 2013 (average: 0.2121), the exchange rate shifted by -0.0072 (-3.40%).

2014 Avg (May) 0.2049

2013 Avg (May) 0.2121

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1947	0.1905	0.1929
February	0.1950	0.1901	0.1932
March	0.2023	0.1943	0.1974
April	0.2028	0.1994	0.2013
May	0.2085	0.2015	0.2049
June	0.2068	0.2031	0.2049
July	0.2058	0.2035	0.2050
August	0.2049	0.2017	0.2033
September	0.2062	0.2019	0.2044
October	0.2046	0.2020	0.2034
November	0.2037	0.2021	0.2030
December	0.2042	0.1981	0.2009