2014 BIF to IRR Historical Review

YEARLY HIGH

17.3934 IRR

YEARLY LOW

15.8343 IRR

YEARLY AVERAGE

16.6400 IRR

2014 BIF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BIF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 17.3934. Conversely, the yearly low was recorded on January 9, dropping to 15.8343.

This high-to-low spread represents a total annual volatility of 1.5591 IRR. From a start-to-finish perspective, comparing the January average rate of 15.9806 to the December average rate of 17.1885, the exchange rate registered a net change of 7.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 17.3934 was up 7.41% compared to the 2013 peak of 16.1928, 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 86,967 IRR

2013 Average 56,531 IRR

Yearly Trough Low 79,171 IRR

Transaction Impact: A difference of 7,795.67 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

17.3093

15.8598

JanuMarcMayJulySeptNove

BIF to IRR 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 16.2433, compared to 17.0367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7934 points.

H1 Avg (Jan–Jun) 16.2433

H2 Avg (Jul–Dec) 17.0367

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.5088 IRR (High: 17.0071 / Low: 16.4984). On the other end, November was the most stable month, with a tight range of 0.1443 IRR (High: 17.1681 / Low: 17.0238).

July Spread (Volatile) ±0.5088

November Spread (Stable) ±0.1443

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0784 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 17.1885) against the same month in 2013 (average: 16.0145), the exchange rate shifted by +1.1740 (+7.33%).

2014 Avg (December) 17.1885

2013 Avg (December) 16.0145

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.0787	15.8343	15.9806
February	16.1682	15.9726	16.0166
March	16.2784	15.9951	16.0990
April	16.5056	16.2822	16.3434
May	16.5476	16.3968	16.4834
June	16.6023	16.4386	16.5368
July	17.0071	16.4984	16.6723
August	17.2240	16.9069	17.0075
September	17.2399	17.0742	17.1655
October	17.3681	16.9106	17.0871
November	17.1681	17.0238	17.0993
December	17.3934	17.0594	17.1885