2014 BIF to CVE Historical Review

YEARLY HIGH

0.0581 CVE

YEARLY LOW

0.0505 CVE

YEARLY AVERAGE

0.0533 CVE

2014 BIF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BIF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0581. Conversely, the yearly low was recorded on March 14, dropping to 0.0505.

This high-to-low spread represents a total annual volatility of 0.0076 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0521 to the December average rate of 0.0570, the exchange rate registered a net change of 9.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0581 was up 2.99% compared to the 2013 peak of 0.0564, 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 290 CVE

2013 Average 268 CVE

Yearly Trough Low 252 CVE

Transaction Impact: A difference of 38.09 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0576

0.0505

JanuMarcMayJulySeptNove

BIF to CVE 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 0.0517, compared to 0.0549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0517

H2 Avg (Jul–Dec) 0.0549

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0023 CVE (High: 0.0571 / Low: 0.0548). On the other end, June was the most stable month, with a tight range of 0.0007 CVE (High: 0.0526 / Low: 0.0518).

October Spread (Volatile) ±0.0023

June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0007 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0570) against the same month in 2013 (average: 0.0519), the exchange rate shifted by +0.0051 (+9.86%).

2014 Avg (December) 0.0570

2013 Avg (December) 0.0519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0526	0.0516	0.0521
February	0.0525	0.0511	0.0518
March	0.0516	0.0505	0.0511
April	0.0519	0.0510	0.0513
May	0.0522	0.0508	0.0517
June	0.0526	0.0518	0.0522
July	0.0532	0.0518	0.0523
August	0.0541	0.0527	0.0532
September	0.0560	0.0538	0.0550
October	0.0571	0.0548	0.0556
November	0.0567	0.0559	0.0563
December	0.0581	0.0560	0.0570