2014 BIF to DZD Historical Review

YEARLY HIGH

0.0564 DZD

YEARLY LOW

0.0497 DZD

YEARLY AVERAGE

0.0519 DZD

2014 BIF to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BIF to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0564. Conversely, the yearly low was recorded on March 15, dropping to 0.0497.

This high-to-low spread represents a total annual volatility of 0.0068 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0506 to the December average rate of 0.0556, the exchange rate registered a net change of 9.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0564 was up 5.70% compared to the 2013 peak of 0.0534, 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 282 DZD

2013 Average 257 DZD

Yearly Trough Low 248 DZD

Transaction Impact: A difference of 33.89 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0561

0.0496

JanuMarcMayJulySeptNove

BIF to DZD 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 0.0507, compared to 0.0532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0507

H2 Avg (Jul–Dec) 0.0532

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0018 DZD (High: 0.0536 / Low: 0.0518). On the other end, April was the most stable month, with a tight range of 0.0005 DZD (High: 0.0511 / Low: 0.0506).

September Spread (Volatile) ±0.0018

April Spread (Stable) ±0.0005

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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0556) against the same month in 2013 (average: 0.0509), the exchange rate shifted by +0.0046 (+9.11%).

2014 Avg (December) 0.0556

2013 Avg (December) 0.0509

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0511	0.0502	0.0506
February	0.0507	0.0500	0.0503
March	0.0507	0.0497	0.0501
April	0.0511	0.0506	0.0508
May	0.0514	0.0506	0.0510
June	0.0516	0.0509	0.0513
July	0.0518	0.0511	0.0514
August	0.0523	0.0514	0.0517
September	0.0536	0.0518	0.0525
October	0.0545	0.0531	0.0535
November	0.0552	0.0536	0.0543
December	0.0564	0.0549	0.0556