2014 BND to CVE Historical Review

YEARLY HIGH

68.4955 CVE

YEARLY LOW

62.0513 CVE

YEARLY AVERAGE

65.2995 CVE

2014 BND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 68.4955. Conversely, the yearly low was recorded on March 19, dropping to 62.0513.

This high-to-low spread represents a total annual volatility of 6.4443 CVE. From a start-to-finish perspective, comparing the January average rate of 63.4394 to the December average rate of 67.8015, the exchange rate registered a net change of 6.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 68.4955 was down 1.52% compared to the 2013 peak of 69.5532, 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 342,478 CVE

2013 Average 331,509 CVE

Yearly Trough Low 310,256 CVE

Transaction Impact: A difference of 32,221.28 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

68.5019

62.1076

JanuMarcMayJulySeptNove

BND to CVE 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 63.5452, compared to 67.0538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5087 points.

H1 Avg (Jan–Jun) 63.5452

H2 Avg (Jul–Dec) 67.0538

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 1.5574 CVE (High: 63.6087 / Low: 62.0513). On the other end, April was the most stable month, with a tight range of 0.4836 CVE (High: 63.5859 / Low: 63.1023).

March Spread (Volatile) ±1.5574

April Spread (Stable) ±0.4836

Growth Streaks & Declines

Trends

Between March and October, 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 February and March, when the average rate fell by 0.8097 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.8097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 67.9690) against the same month in 2013 (average: 64.7197), the exchange rate shifted by +3.2493 (+5.02%).

2014 Avg (October) 67.9690

2013 Avg (October) 64.7197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	63.9337	62.6660	63.4394
February	64.0766	62.8034	63.4502
March	63.6087	62.0513	62.6405
April	63.5859	63.1023	63.3575
May	64.3096	63.1359	63.8295
June	64.9291	64.1078	64.5540
July	65.8002	64.3513	65.1637
August	66.7451	65.3092	65.9678
September	68.0904	66.7123	67.4586
October	68.4955	67.3735	67.9690
November	68.4413	67.1149	67.9625
December	68.4426	67.1438	67.8015