2014 SZL to ALL Historical Review

YEARLY HIGH

10.3142 ALL

YEARLY LOW

9.2167 ALL

YEARLY AVERAGE

9.7248 ALL

2014 SZL to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 10.3142. Conversely, the yearly low was recorded on January 29, dropping to 9.2167.

This high-to-low spread represents a total annual volatility of 1.0975 ALL. From a start-to-finish perspective, comparing the January average rate of 9.5117 to the December average rate of 9.8952, the exchange rate registered a net change of 4.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.3142 was down 17.74% compared to the 2013 peak of 12.5381, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,571 ALL

2013 Average 54,965 ALL

Yearly Trough Low 46,084 ALL

Transaction Impact: A difference of 5,487.35 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.1735

9.2918

JanuMarcMayJulySeptNove

SZL to ALL 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 9.5652, compared to 9.8843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3191 points.

H1 Avg (Jan–Jun) 9.5652

H2 Avg (Jul–Dec) 9.8843

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.5976 ALL (High: 10.2009 / Low: 9.6033). On the other end, June was the most stable month, with a tight range of 0.2009 ALL (High: 9.7726 / Low: 9.5716).

December Spread (Volatile) ±0.5976

June Spread (Stable) ±0.2009

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2048 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 10.1000) against the same month in 2013 (average: 10.1917), the exchange rate shifted by -0.0917 (-0.90%).

2014 Avg (November) 10.1000

2013 Avg (November) 10.1917

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.7002	9.2167	9.5117
February	9.5240	9.2613	9.3653
March	9.6461	9.3240	9.4510
April	9.7148	9.4923	9.6089
May	9.9509	9.5809	9.7954
June	9.7726	9.5716	9.6590
July	9.8714	9.5654	9.6908
August	9.9502	9.6869	9.8034
September	10.0755	9.7905	9.8912
October	10.0792	9.8045	9.9253
November	10.3142	9.9356	10.1000
December	10.2009	9.6033	9.8952