2014 BND to BIF Historical Review

YEARLY HIGH

1253.2594 BIF

YEARLY LOW

1174.3415 BIF

YEARLY AVERAGE

1225.3373 BIF

2014 BND to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 1253.2594. Conversely, the yearly low was recorded on December 27, dropping to 1174.3415.

This high-to-low spread represents a total annual volatility of 78.9179 BIF. From a start-to-finish perspective, comparing the January average rate of 1217.1416 to the December average rate of 1188.8751, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1253.2594 was down 2.14% compared to the 2013 peak of 1280.6080, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BND based on timing:

Yearly Peak High 6,266,297 BIF

2013 Average 6,194,827 BIF

Yearly Trough Low 5,871,708 BIF

Transaction Impact: A difference of 394,589.34 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1251.6596

1183.1674

JanuMarcMayJulySeptNove

BND to BIF 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 1228.8560, compared to 1221.8185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.0375 points.

H1 Avg (Jan–Jun) 1228.8560

H2 Avg (Jul–Dec) 1221.8185

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 37.4854 BIF (High: 1234.3402 / Low: 1196.8548). On the other end, June was the most stable month, with a tight range of 9.2411 BIF (High: 1241.9295 / Low: 1232.6884).

October Spread (Volatile) ±37.4854

June Spread (Stable) ±9.2411

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 17.2882 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -17.2882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 1245.9519) against the same month in 2013 (average: 1219.5827), the exchange rate shifted by +26.3692 (+2.16%).

2014 Avg (July) 1245.9519

2013 Avg (July) 1219.5827

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1226.2813	1210.8403	1217.1416
February	1230.2095	1210.7614	1224.5505
March	1233.5791	1218.9798	1225.3337
April	1243.0934	1223.8305	1234.1065
May	1242.4541	1230.3152	1235.7925
June	1241.9295	1232.6884	1236.2114
July	1253.2594	1235.6223	1245.9519
August	1249.4523	1231.7943	1241.1065
September	1241.6748	1215.9061	1225.7322
October	1234.3402	1196.8548	1223.0820
November	1218.5962	1197.8273	1206.1633
December	1199.7044	1174.3415	1188.8751