2014 BIF to CDF Historical Review

YEARLY HIGH

0.6033 CDF

YEARLY LOW

0.5873 CDF

YEARLY AVERAGE

0.5949 CDF

2014 BIF to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BIF to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.6033. Conversely, the yearly low was recorded on December 31, dropping to 0.5873.

This high-to-low spread represents a total annual volatility of 0.0160 CDF. From a start-to-finish perspective, comparing the January average rate of 0.5967 to the December average rate of 0.5917, the exchange rate registered a net change of -0.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6033 was down 2.21% compared to the 2013 peak of 0.6169, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,016 CDF

2013 Average 2,977 CDF

Yearly Trough Low 2,936 CDF

Transaction Impact: A difference of 80.02 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5973

0.5912

JanuMarcMayJulySeptNove

BIF to CDF 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 0.5957, compared to 0.5941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.5957

H2 Avg (Jul–Dec) 0.5941

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0159 CDF (High: 0.6033 / Low: 0.5874). On the other end, April was the most stable month, with a tight range of 0.0053 CDF (High: 0.5984 / Low: 0.5931).

October Spread (Volatile) ±0.0159

April Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.5929) against the same month in 2013 (average: 0.5997), the exchange rate shifted by -0.0068 (-1.13%).

2014 Avg (October) 0.5929

2013 Avg (October) 0.5997

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5999	0.5932	0.5967
February	0.5984	0.5912	0.5947
March	0.5986	0.5907	0.5943
April	0.5984	0.5931	0.5957
May	0.5989	0.5932	0.5960
June	0.6000	0.5919	0.5968
July	0.6014	0.5928	0.5958
August	0.5995	0.5931	0.5957
September	0.5999	0.5935	0.5963
October	0.6033	0.5874	0.5929
November	0.5959	0.5895	0.5924
December	0.5961	0.5873	0.5917