2014 SAR to HTG Historical Review

YEARLY HIGH

12.4174 HTG

YEARLY LOW

10.3496 HTG

YEARLY AVERAGE

11.8715 HTG

2014 SAR to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SAR to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 12.4174. Conversely, the yearly low was recorded on February 24, dropping to 10.3496.

This high-to-low spread represents a total annual volatility of 2.0678 HTG. From a start-to-finish perspective, comparing the January average rate of 11.4452 to the December average rate of 12.3950, the exchange rate registered a net change of 8.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.4174 was up 6.48% compared to the 2013 peak of 11.6620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,087 HTG

2013 Average 56,722 HTG

Yearly Trough Low 51,748 HTG

Transaction Impact: A difference of 10,338.93 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.5587

10.5940

JanuMarcMayJulySeptNove

SAR to HTG 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 11.6555, compared to 12.0876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4321 points.

H1 Avg (Jan–Jun) 11.6555

H2 Avg (Jul–Dec) 12.0876

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 1.3606 HTG (High: 11.7102 / Low: 10.3496). On the other end, December was the most stable month, with a tight range of 0.0610 HTG (High: 12.4174 / Low: 12.3564).

February Spread (Volatile) ±1.3606

December Spread (Stable) ±0.0610

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.6875 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6875

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 12.3950) against the same month in 2013 (average: 10.8258), the exchange rate shifted by +1.5692 (+14.49%).

2014 Avg (December) 12.3950

2013 Avg (December) 10.8258

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6617	11.0644	11.4452
February	11.7102	10.3496	10.7577
March	12.1496	11.5319	11.7961
April	11.9654	11.8312	11.9078
May	12.0424	11.9171	11.9980
June	12.0955	11.9238	12.0280
July	12.0543	11.9281	11.9660
August	12.0993	11.8963	11.9756
September	12.0229	11.8795	11.9475
October	12.0476	11.8115	11.9574
November	12.4021	12.0121	12.2840
December	12.4174	12.3564	12.3950