2014 NZD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 NZD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NZD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 17.3817. Conversely, the yearly low was recorded on December 8, dropping to 15.4103.
This high-to-low spread represents a total annual volatility of 1.9714 ETB. From a start-to-finish perspective, comparing the January average rate of 15.8458 to the December average rate of 15.6583, the exchange rate registered a net change of -1.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 17.3817 was up 7.83% compared to the 2013 peak of 16.1200, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
NZD to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.4474, compared to 16.2002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2473 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 1.1544 ETB (High: 16.6837 / Low: 15.5293). On the other end, April was the most stable month, with a tight range of 0.3129 ETB (High: 16.9072 / Low: 16.5943).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.5074 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2014: 17.1359) against the same month in 2013 (average: 14.7984), the exchange rate shifted by +2.3374 (+15.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.0249 | 15.5151 | 15.8458 |
| February | 16.1980 | 15.5244 | 15.9434 |
| March | 16.8148 | 16.1652 | 16.4513 |
| April | 16.9072 | 16.5943 | 16.7486 |
| May | 17.0146 | 16.6177 | 16.7888 |
| June | 17.2208 | 16.4925 | 16.9066 |
| July | 17.3817 | 16.7795 | 17.1359 |
| August | 16.8667 | 16.5438 | 16.7251 |
| September | 16.6837 | 15.5293 | 16.2177 |
| October | 15.9866 | 15.5219 | 15.7322 |
| November | 15.9087 | 15.4733 | 15.7319 |
| December | 15.8410 | 15.4103 | 15.6583 |