2014 BND to BRL Historical Review

YEARLY HIGH

2.0880 BRL

YEARLY LOW

1.7576 BRL

YEARLY AVERAGE

1.8561 BRL

2014 BND to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 2.0880. Conversely, the yearly low was recorded on April 9, dropping to 1.7576.

This high-to-low spread represents a total annual volatility of 0.3304 BRL. From a start-to-finish perspective, comparing the January average rate of 1.8690 to the December average rate of 2.0097, the exchange rate registered a net change of 7.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.0880 was up 9.85% compared to the 2013 peak of 1.9008, 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 10,440 BRL

2013 Average 8,627 BRL

Yearly Trough Low 8,788 BRL

Transaction Impact: A difference of 1,651.96 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.0333

1.7504

JanuMarcMayJulySeptNove

BND to BRL 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 1.8207, compared to 1.8915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0708 points.

H1 Avg (Jan–Jun) 1.8207

H2 Avg (Jul–Dec) 1.8915

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1420 BRL (High: 1.9200 / Low: 1.7780). On the other end, May was the most stable month, with a tight range of 0.0237 BRL (High: 1.7878 / Low: 1.7640).

September Spread (Volatile) ±0.1420

May Spread (Stable) ±0.0237

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0573 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.0097) against the same month in 2013 (average: 1.8633), the exchange rate shifted by +0.1464 (+7.86%).

2014 Avg (December) 2.0097

2013 Avg (December) 1.8633

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9080	1.8368	1.8690
February	1.9119	1.8390	1.8809
March	1.8643	1.7941	1.8361
April	1.8024	1.7576	1.7789
May	1.7878	1.7640	1.7740
June	1.8120	1.7584	1.7851
July	1.8120	1.7667	1.7888
August	1.8317	1.7894	1.8151
September	1.9200	1.7780	1.8475
October	1.9690	1.8727	1.9211
November	2.0119	1.9276	1.9668
December	2.0880	1.9526	2.0097