2014 SBD to ETB Historical Review

YEARLY HIGH

2.7788 ETB

YEARLY LOW

2.6142 ETB

YEARLY AVERAGE

2.6902 ETB

2014 SBD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SBD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 2.7788. Conversely, the yearly low was recorded on February 5, dropping to 2.6142.

This high-to-low spread represents a total annual volatility of 0.1646 ETB. From a start-to-finish perspective, comparing the January average rate of 2.6570 to the December average rate of 2.6668, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.7788 was up 3.48% compared to the 2013 peak of 2.6854, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,894 ETB

2013 Average 13,078 ETB

Yearly Trough Low 13,071 ETB

Transaction Impact: A difference of 823.12 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.7505

2.6394

JanuMarcMayJulySeptNove

SBD 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 2.6677, compared to 2.7127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0449 points.

H1 Avg (Jan–Jun) 2.6677

H2 Avg (Jul–Dec) 2.7127

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0794 ETB (High: 2.7788 / Low: 2.6994). On the other end, April was the most stable month, with a tight range of 0.0168 ETB (High: 2.6820 / Low: 2.6652).

September Spread (Volatile) ±0.0794

April Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0326 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 2.7319) against the same month in 2013 (average: 2.6478), the exchange rate shifted by +0.0842 (+3.18%).

2014 Avg (September) 2.7319

2013 Avg (September) 2.6478

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6707	2.6366	2.6570
February	2.6592	2.6142	2.6487
March	2.6675	2.6374	2.6548
April	2.6820	2.6652	2.6739
May	2.6835	2.6502	2.6713
June	2.7167	2.6782	2.7008
July	2.7400	2.7060	2.7262
August	2.7593	2.7267	2.7412
September	2.7788	2.6994	2.7319
October	2.7267	2.6806	2.7105
November	2.7254	2.6863	2.6994
December	2.7024	2.6335	2.6668