2014 BIF to MGA Historical Review

YEARLY HIGH

1.7557 MGA

YEARLY LOW

1.4497 MGA

YEARLY AVERAGE

1.5922 MGA

2014 BIF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BIF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1.7557. Conversely, the yearly low was recorded on January 2, dropping to 1.4497.

This high-to-low spread represents a total annual volatility of 0.3060 MGA. From a start-to-finish perspective, comparing the January average rate of 1.4635 to the December average rate of 1.6613, the exchange rate registered a net change of 13.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.7557 was up 16.91% compared to the 2013 peak of 1.5018, 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 8,778 MGA

2013 Average 7,144 MGA

Yearly Trough Low 7,248 MGA

Transaction Impact: A difference of 1,530.06 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.7618

1.4363

JanuMarcMayJulySeptNove

BIF to MGA 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 1.5144, compared to 1.6699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1555 points.

H1 Avg (Jan–Jun) 1.5144

H2 Avg (Jul–Dec) 1.6699

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0909 MGA (High: 1.7140 / Low: 1.6231). On the other end, March was the most stable month, with a tight range of 0.0262 MGA (High: 1.5231 / Low: 1.4968).

December Spread (Volatile) ±0.0909

March Spread (Stable) ±0.0262

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0734 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0734

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 1.7308) against the same month in 2013 (average: 1.4434), the exchange rate shifted by +0.2874 (+19.91%).

2014 Avg (October) 1.7308

2013 Avg (October) 1.4434

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4839	1.4497	1.4635
February	1.5151	1.4828	1.4980
March	1.5231	1.4968	1.5116
April	1.5376	1.5035	1.5225
May	1.5546	1.5199	1.5360
June	1.5807	1.5211	1.5550
July	1.6141	1.5660	1.5864
August	1.6588	1.5993	1.6274
September	1.7149	1.6352	1.6786
October	1.7557	1.7118	1.7308
November	1.7468	1.7092	1.7347
December	1.7140	1.6231	1.6613