2014 SHP to CNY Historical Review

YEARLY HIGH

10.6482 CNY

YEARLY LOW

9.5719 CNY

YEARLY AVERAGE

10.1470 CNY

2014 SHP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SHP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 10.6482. Conversely, the yearly low was recorded on November 18, dropping to 9.5719.

This high-to-low spread represents a total annual volatility of 1.0763 CNY. From a start-to-finish perspective, comparing the January average rate of 9.9942 to the December average rate of 9.6602, the exchange rate registered a net change of -3.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.6482 was up 4.75% compared to the 2013 peak of 10.1655, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,241 CNY

2013 Average 48,180 CNY

Yearly Trough Low 47,859 CNY

Transaction Impact: A difference of 5,381.45 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.6637

9.5690

JanuMarcMayJulySeptNove

SHP to CNY 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 10.2885, compared to 10.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2830 points.

H1 Avg (Jan–Jun) 10.2885

H2 Avg (Jul–Dec) 10.0055

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.3864 CNY (High: 10.2846 / Low: 9.8982). On the other end, May was the most stable month, with a tight range of 0.1359 CNY (High: 10.5452 / Low: 10.4093).

February Spread (Volatile) ±0.3864

May Spread (Stable) ±0.1359

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 July and August, when the average rate fell by 0.2944 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2944

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 10.5725) against the same month in 2013 (average: 9.3260), the exchange rate shifted by +1.2465 (+13.37%).

2014 Avg (July) 10.5725

2013 Avg (July) 9.3260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0846	9.9291	9.9942
February	10.2846	9.8982	10.0781
March	10.3427	10.2028	10.2535
April	10.5304	10.2822	10.4042
May	10.5452	10.4093	10.4815
June	10.5984	10.4090	10.5195
July	10.6482	10.4228	10.5725
August	10.4154	10.1814	10.2781
September	10.2100	9.8905	10.0069
October	9.9411	9.7389	9.8488
November	9.7995	9.5719	9.6666
December	9.7271	9.5885	9.6602