2014 BIF to STD Historical Review

YEARLY HIGH

12.9442 STD

YEARLY LOW

11.3110 STD

YEARLY AVERAGE

11.8984 STD

2014 BIF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BIF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 12.9442. Conversely, the yearly low was recorded on March 14, dropping to 11.3110.

This high-to-low spread represents a total annual volatility of 1.6332 STD. From a start-to-finish perspective, comparing the January average rate of 11.6243 to the December average rate of 12.7189, 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 12.9442 was up 3.50% compared to the 2013 peak of 12.5070, 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 64,721 STD

2013 Average 59,617 STD

Yearly Trough Low 56,555 STD

Transaction Impact: A difference of 8,165.90 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.8487

11.2911

JanuMarcMayJulySeptNove

BIF to STD 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 11.5467, compared to 12.2500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7034 points.

H1 Avg (Jan–Jun) 11.5467

H2 Avg (Jul–Dec) 12.2500

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.4590 STD (High: 12.4801 / Low: 12.0212). On the other end, June was the most stable month, with a tight range of 0.1578 STD (High: 11.7210 / Low: 11.5633).

September Spread (Volatile) ±0.4590

June Spread (Stable) ±0.1578

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 0.1573 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 12.7189) against the same month in 2013 (average: 11.5891), the exchange rate shifted by +1.1298 (+9.75%).

2014 Avg (December) 12.7189

2013 Avg (December) 11.5891

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.7135	11.5268	11.6243
February	11.7063	11.3624	11.5782
March	11.5174	11.3110	11.4209
April	11.5842	11.3733	11.4629
May	11.6608	11.3561	11.5375
June	11.7210	11.5633	11.6563
July	11.8756	11.5484	11.6655
August	12.0863	11.7789	11.8725
September	12.4801	12.0212	12.2578
October	12.7097	12.2551	12.4025
November	12.6755	12.4445	12.5829
December	12.9442	12.5146	12.7189