2014 PEN to ETB Historical Review

YEARLY HIGH

7.1109 ETB

YEARLY LOW

6.7410 ETB

YEARLY AVERAGE

6.9297 ETB

2014 PEN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 7.1109. Conversely, the yearly low was recorded on February 5, dropping to 6.7410.

This high-to-low spread represents a total annual volatility of 0.3698 ETB. From a start-to-finish perspective, comparing the January average rate of 6.8215 to the December average rate of 6.8102, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 7.1109 was down 1.25% compared to the 2013 peak of 7.2010, 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 35,554 ETB

2013 Average 34,650 ETB

Yearly Trough Low 33,705 ETB

Transaction Impact: A difference of 1,849.20 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

7.1074

6.7832

JanuMarcMayJulySeptNove

PEN 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 6.9180, compared to 6.9415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0235 points.

H1 Avg (Jan–Jun) 6.9180

H2 Avg (Jul–Dec) 6.9415

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.1527 ETB (High: 6.8938 / Low: 6.7410). On the other end, October was the most stable month, with a tight range of 0.0436 ETB (High: 6.9129 / Low: 6.8693).

February Spread (Volatile) ±0.1527

October Spread (Stable) ±0.0436

Growth Streaks & Declines

Trends

Between 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 0.0893 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0893

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 7.0804) against the same month in 2013 (average: 6.7542), the exchange rate shifted by +0.3262 (+4.83%).

2014 Avg (July) 7.0804

2013 Avg (July) 6.7542

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.8432	6.7962	6.8215
February	6.8938	6.7410	6.8385
March	6.9047	6.8201	6.8751
April	7.0245	6.8996	6.9672
May	7.0731	6.9309	6.9942
June	7.0706	6.9884	7.0115
July	7.1109	7.0082	7.0804
August	7.0962	6.9852	7.0460
September	6.9895	6.8984	6.9567
October	6.9129	6.8693	6.8890
November	6.9054	6.8341	6.8665
December	6.8813	6.7564	6.8102