2014 BIF to UZS Historical Review

YEARLY HIGH

1.5598 UZS

YEARLY LOW

1.4158 UZS

YEARLY AVERAGE

1.4894 UZS

2014 BIF to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BIF to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 1.5598. Conversely, the yearly low was recorded on January 26, dropping to 1.4158.

This high-to-low spread represents a total annual volatility of 0.1440 UZS. From a start-to-finish perspective, comparing the January average rate of 1.4218 to the December average rate of 1.5456, the exchange rate registered a net change of 8.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5598 was up 9.25% compared to the 2013 peak of 1.4278, 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 7,799 UZS

2013 Average 6,752 UZS

Yearly Trough Low 7,079 UZS

Transaction Impact: A difference of 720.24 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5580

1.4094

JanuMarcMayJulySeptNove

BIF to UZS 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 1.4554, compared to 1.5234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0679 points.

H1 Avg (Jan–Jun) 1.4554

H2 Avg (Jul–Dec) 1.5234

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0356 UZS (High: 1.5417 / Low: 1.5062). On the other end, January was the most stable month, with a tight range of 0.0139 UZS (High: 1.4296 / Low: 1.4158).

October Spread (Volatile) ±0.0356

January Spread (Stable) ±0.0139

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 0.0004 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.5456) against the same month in 2013 (average: 1.4144), the exchange rate shifted by +0.1312 (+9.28%).

2014 Avg (December) 1.5456

2013 Avg (December) 1.4144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4296	1.4158	1.4218
February	1.4380	1.4184	1.4263
March	1.4595	1.4340	1.4456
April	1.4725	1.4552	1.4666
May	1.4878	1.4659	1.4799
June	1.5007	1.4815	1.4926
July	1.5177	1.4861	1.5001
August	1.5229	1.5024	1.5107
September	1.5321	1.5122	1.5240
October	1.5417	1.5062	1.5236
November	1.5446	1.5242	1.5362
December	1.5598	1.5333	1.5456