2014 BND to BTN Historical Review

YEARLY HIGH

49.3957 BTN

YEARLY LOW

46.6116 BTN

YEARLY AVERAGE

48.1609 BTN

2014 BND to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 49.3957. Conversely, the yearly low was recorded on May 24, dropping to 46.6116.

This high-to-low spread represents a total annual volatility of 2.7841 BTN. From a start-to-finish perspective, comparing the January average rate of 48.7786 to the December average rate of 47.6805, the exchange rate registered a net change of -2.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 49.3957 was down 6.64% compared to the 2013 peak of 52.9101, 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 246,978 BTN

2013 Average 233,964 BTN

Yearly Trough Low 233,058 BTN

Transaction Impact: A difference of 13,920.35 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

49.3056

47.2399

JanuMarcMayJulySeptNove

BND to BTN 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 48.2147, compared to 48.1072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1075 points.

H1 Avg (Jan–Jun) 48.2147

H2 Avg (Jul–Dec) 48.1072

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.6957 BTN (High: 48.5733 / Low: 46.8776). On the other end, February was the most stable month, with a tight range of 0.4327 BTN (High: 49.3243 / Low: 48.8916).

December Spread (Volatile) ±1.6957

February Spread (Stable) ±0.4327

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.9955 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9955

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 48.7786) against the same month in 2013 (average: 44.2702), the exchange rate shifted by +4.5084 (+10.18%).

2014 Avg (January) 48.7786

2013 Avg (January) 44.2702

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.3957	48.1437	48.7786
February	49.3243	48.8916	49.1334
March	48.8992	47.4843	48.1379
April	48.5645	47.4506	48.0764
May	48.1355	46.6116	47.4120
June	48.2858	47.0860	47.7497
July	48.6118	47.9226	48.3070
August	49.1379	48.3661	48.7380
September	48.4387	47.9395	48.1381
October	48.5086	47.8881	48.1456
November	47.8902	47.2955	47.6338
December	48.5733	46.8776	47.6805