2014 SZL to MRO Historical Review

YEARLY HIGH

28.5813 MRO

YEARLY LOW

24.8968 MRO

YEARLY AVERAGE

26.9507 MRO

2014 SZL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 28.5813. Conversely, the yearly low was recorded on December 16, dropping to 24.8968.

This high-to-low spread represents a total annual volatility of 3.6844 MRO. From a start-to-finish perspective, comparing the January average rate of 26.7990 to the December average rate of 25.2940, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 28.5813 was down 19.66% compared to the 2013 peak of 35.5770, 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 142,906 MRO

2013 Average 152,589 MRO

Yearly Trough Low 124,484 MRO

Transaction Impact: A difference of 18,422.15 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

28.5084

25.0017

JanuMarcMayJulySeptNove

SZL to MRO 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 27.3509, compared to 26.5506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8004 points.

H1 Avg (Jan–Jun) 27.3509

H2 Avg (Jul–Dec) 26.5506

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 1.7425 MRO (High: 27.6411 / Low: 25.8986). On the other end, August was the most stable month, with a tight range of 0.5799 MRO (High: 27.7421 / Low: 27.1622).

January Spread (Volatile) ±1.7425

August Spread (Stable) ±0.5799

Growth Streaks & Declines

Trends

Between February and May, 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 1.0513 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 28.2162) against the same month in 2013 (average: 30.0095), the exchange rate shifted by -1.7934 (-5.98%).

2014 Avg (May) 28.2162

2013 Avg (May) 30.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.6411	25.8986	26.7990
February	27.0956	25.9108	26.4890
March	28.0870	26.7431	27.2312
April	28.3708	27.6091	27.9696
May	28.5813	27.7934	28.2162
June	27.7222	27.1197	27.4006
July	27.7513	26.9958	27.3608
August	27.7421	27.1622	27.3806
September	27.3653	25.8382	26.5647
October	26.9747	25.7574	26.3581
November	26.8604	25.8823	26.3452
December	26.3019	24.8968	25.2940