2014 VUV to ETB Historical Review

YEARLY HIGH

0.2120 ETB

YEARLY LOW

0.1947 ETB

YEARLY AVERAGE

0.2042 ETB

2014 VUV to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VUV to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.2120. Conversely, the yearly low was recorded on December 22, dropping to 0.1947.

This high-to-low spread represents a total annual volatility of 0.0174 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1988 to the December average rate of 0.1975, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2120 was up 3.04% compared to the 2013 peak of 0.2058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,060 ETB

2013 Average 997 ETB

Yearly Trough Low 973 ETB

Transaction Impact: A difference of 86.81 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2112

0.1962

JanuMarcMayJulySeptNove

VUV 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 0.2033, compared to 0.2051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.2033

H2 Avg (Jul–Dec) 0.2051

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0086 ETB (High: 0.2033 / Low: 0.1947). On the other end, July was the most stable month, with a tight range of 0.0020 ETB (High: 0.2108 / Low: 0.2088).

December Spread (Volatile) ±0.0086

July Spread (Stable) ±0.0020

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 November and December, when the average rate fell by 0.0055 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.2074) against the same month in 2013 (average: 0.1961), the exchange rate shifted by +0.0113 (+5.76%).

2014 Avg (September) 0.2074

2013 Avg (September) 0.1961

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2006	0.1969	0.1988
February	0.2004	0.1957	0.1992
March	0.2049	0.1992	0.2009
April	0.2090	0.2049	0.2065
May	0.2091	0.2048	0.2069
June	0.2094	0.2042	0.2073
July	0.2108	0.2088	0.2100
August	0.2110	0.2084	0.2099
September	0.2120	0.2036	0.2074
October	0.2047	0.1994	0.2027
November	0.2051	0.1998	0.2030
December	0.2033	0.1947	0.1975