2014 BHD to ARS Historical Review

YEARLY HIGH

22.6905 ARS

YEARLY LOW

17.3449 ARS

YEARLY AVERAGE

21.5177 ARS

2014 BHD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BHD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 22.6905. Conversely, the yearly low was recorded on January 2, dropping to 17.3449.

This high-to-low spread represents a total annual volatility of 5.3456 ARS. From a start-to-finish perspective, comparing the January average rate of 18.5346 to the December average rate of 22.6633, the exchange rate registered a net change of 22.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 22.6905 was up 31.18% compared to the 2013 peak of 17.2973, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 113,452 ARS

2013 Average 72,639 ARS

Yearly Trough Low 86,724 ARS

Transaction Impact: A difference of 26,727.98 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

23.0762

18.1218

JanuMarcMayJulySeptNove

BHD to ARS 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 20.7492, compared to 22.2863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5371 points.

H1 Avg (Jan–Jun) 20.7492

H2 Avg (Jul–Dec) 22.2863

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 3.9174 ARS (High: 21.2623 / Low: 17.3449). On the other end, April was the most stable month, with a tight range of 0.0204 ARS (High: 21.2369 / Low: 21.2165).

January Spread (Volatile) ±3.9174

April Spread (Stable) ±0.0204

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 22.6633) against the same month in 2013 (average: 16.8040), the exchange rate shifted by +5.8594 (+34.87%).

2014 Avg (December) 22.6633

2013 Avg (December) 16.8040

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.2623	17.3449	18.5346
February	21.2639	20.6060	20.8473
March	21.2292	20.8554	21.0201
April	21.2369	21.2165	21.2244
May	21.4261	21.2209	21.3174
June	21.5879	21.4304	21.5514
July	21.7622	21.5356	21.6258
August	22.2961	21.8183	22.0439
September	22.4601	22.2724	22.3221
October	22.6131	22.3936	22.4849
November	22.6606	22.4912	22.5778
December	22.6905	22.4912	22.6633