2014 BIF to HUF Historical Review

YEARLY HIGH

0.1674 HUF

YEARLY LOW

0.1397 HUF

YEARLY AVERAGE

0.1499 HUF

2014 BIF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BIF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1674. Conversely, the yearly low was recorded on January 1, dropping to 0.1397.

This high-to-low spread represents a total annual volatility of 0.0278 HUF. From a start-to-finish perspective, comparing the January average rate of 0.1430 to the December average rate of 0.1616, the exchange rate registered a net change of 13.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1674 was up 7.55% compared to the 2013 peak of 0.1557, 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 837 HUF

2013 Average 721 HUF

Yearly Trough Low 698 HUF

Transaction Impact: A difference of 138.83 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1635

0.1411

JanuMarcMayJulySeptNove

BIF to HUF 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 0.1445, compared to 0.1553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.1445

H2 Avg (Jul–Dec) 0.1553

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0106 HUF (High: 0.1674 / Low: 0.1568). On the other end, April was the most stable month, with a tight range of 0.0022 HUF (High: 0.1445 / Low: 0.1423).

December Spread (Volatile) ±0.0106

April Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0015 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1616) against the same month in 2013 (average: 0.1415), the exchange rate shifted by +0.0202 (+14.27%).

2014 Avg (December) 0.1616

2013 Avg (December) 0.1415

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1490	0.1397	0.1430
February	0.1495	0.1447	0.1463
March	0.1468	0.1437	0.1452
April	0.1445	0.1423	0.1436
May	0.1445	0.1418	0.1433
June	0.1471	0.1429	0.1455
July	0.1520	0.1464	0.1477
August	0.1556	0.1507	0.1521
September	0.1588	0.1543	0.1569
October	0.1611	0.1534	0.1557
November	0.1597	0.1551	0.1575
December	0.1674	0.1568	0.1616