2014 PEN to LTL Historical Review

YEARLY HIGH

0.9560 LTL

YEARLY LOW

0.8827 LTL

YEARLY AVERAGE

0.9165 LTL

2014 PEN to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9560. Conversely, the yearly low was recorded on March 18, dropping to 0.8827.

This high-to-low spread represents a total annual volatility of 0.0733 LTL. From a start-to-finish perspective, comparing the January average rate of 0.9022 to the December average rate of 0.9468, the exchange rate registered a net change of 4.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9560 was down 8.26% compared to the 2013 peak of 1.0420, 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 4,780 LTL

2013 Average 4,819 LTL

Yearly Trough Low 4,413 LTL

Transaction Impact: A difference of 366.42 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9525

0.8842

JanuMarcMayJulySeptNove

PEN to LTL 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 0.8993, compared to 0.9337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0344 points.

H1 Avg (Jan–Jun) 0.8993

H2 Avg (Jul–Dec) 0.9337

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0318 LTL (High: 0.9161 / Low: 0.8844). On the other end, August was the most stable month, with a tight range of 0.0071 LTL (High: 0.9251 / Low: 0.9180).

May Spread (Volatile) ±0.0318

August Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0086 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.9468) against the same month in 2013 (average: 0.9045), the exchange rate shifted by +0.0423 (+4.67%).

2014 Avg (December) 0.9468

2013 Avg (December) 0.9045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9078	0.8942	0.9022
February	0.9058	0.8942	0.8984
March	0.8976	0.8827	0.8899
April	0.9014	0.8875	0.8956
May	0.9161	0.8844	0.9010
June	0.9168	0.9024	0.9088
July	0.9235	0.9027	0.9151
August	0.9251	0.9180	0.9212
September	0.9446	0.9214	0.9347
October	0.9481	0.9300	0.9379
November	0.9542	0.9374	0.9464
December	0.9560	0.9302	0.9468