2014 SZL to NAD Historical Review

YEARLY HIGH

1.0108 NAD

YEARLY LOW

0.9976 NAD

YEARLY AVERAGE

1.0000 NAD

2014 SZL to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 1.0108. Conversely, the yearly low was recorded on February 2, dropping to 0.9976.

This high-to-low spread represents a total annual volatility of 0.0133 NAD. From a start-to-finish perspective, comparing the January average rate of 1.0003 to the December average rate of 0.9997, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0108 was up 0.64% compared to the 2013 peak of 1.0044, 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 5,054 NAD

2013 Average 4,999 NAD

Yearly Trough Low 4,988 NAD

Transaction Impact: A difference of 66.31 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0004

0.9996

JanuMarcMayJulySeptNove

SZL to NAD 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 1.0000, compared to 1.0000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 1.0000

H2 Avg (Jul–Dec) 1.0000

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0132 NAD (High: 1.0108 / Low: 0.9976). On the other end, August was the most stable month, with a tight range of 0.0008 NAD (High: 1.0002 / Low: 0.9994).

January Spread (Volatile) ±0.0132

August Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.0003) against the same month in 2013 (average: 0.9995), the exchange rate shifted by +0.0008 (+0.08%).

2014 Avg (January) 1.0003

2013 Avg (January) 0.9995

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0108	0.9976	1.0003
February	1.0015	0.9976	0.9998
March	1.0020	0.9988	0.9999
April	1.0005	0.9993	0.9998
May	1.0012	0.9995	1.0000
June	1.0025	0.9978	0.9999
July	1.0005	0.9989	0.9998
August	1.0002	0.9994	0.9997
September	1.0014	0.9992	1.0001
October	1.0044	0.9991	1.0003
November	1.0032	0.9992	1.0002
December	1.0008	0.9983	0.9997