2014 PEN to ALL Historical Review

YEARLY HIGH

38.7602 ALL

YEARLY LOW

35.8990 ALL

YEARLY AVERAGE

37.1562 ALL

2014 PEN to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 38.7602. Conversely, the yearly low was recorded on May 6, dropping to 35.8990.

This high-to-low spread represents a total annual volatility of 2.8612 ALL. From a start-to-finish perspective, comparing the January average rate of 36.7373 to the December average rate of 38.4124, the exchange rate registered a net change of 4.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 38.7602 was down 8.19% compared to the 2013 peak of 42.2187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193,801 ALL

2013 Average 195,810 ALL

Yearly Trough Low 179,495 ALL

Transaction Impact: A difference of 14,305.84 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

38.6367

35.9457

JanuMarcMayJulySeptNove

PEN 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 36.5324, compared to 37.7800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2477 points.

H1 Avg (Jan–Jun) 36.5324

H2 Avg (Jul–Dec) 37.7800

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 1.2742 ALL (High: 37.1732 / Low: 35.8990). On the other end, August was the most stable month, with a tight range of 0.2876 ALL (High: 37.2736 / Low: 36.9860).

May Spread (Volatile) ±1.2742

August Spread (Stable) ±0.2876

Growth Streaks & Declines

Trends

Between March and September, 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 February and March, when the average rate fell by 0.3776 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3776

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 38.4124) against the same month in 2013 (average: 36.7311), the exchange rate shifted by +1.6813 (+4.58%).

2014 Avg (December) 38.4124

2013 Avg (December) 36.7311

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.0181	36.4128	36.7373
February	36.8778	36.3140	36.5475
March	36.4045	35.9074	36.1699
April	36.5547	35.9820	36.3147
May	37.1732	35.8990	36.5443
June	37.1684	36.6866	36.8804
July	37.2760	36.6998	37.0886
August	37.2736	36.9860	37.1558
September	38.2699	37.2179	37.8904
October	38.3891	37.5238	37.8597
November	38.7122	37.7984	38.2732
December	38.7602	37.7581	38.4124