2014 BND to DJF Historical Review

YEARLY HIGH

144.6231 DJF

YEARLY LOW

134.1900 DJF

YEARLY AVERAGE

140.8901 DJF

2014 BND to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 144.6231. Conversely, the yearly low was recorded on December 28, dropping to 134.1900.

This high-to-low spread represents a total annual volatility of 10.4331 DJF. From a start-to-finish perspective, comparing the January average rate of 139.8965 to the December average rate of 135.4941, the exchange rate registered a net change of -3.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 144.6231 was down 0.72% compared to the 2013 peak of 145.6709, 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 723,115 DJF

2013 Average 709,654 DJF

Yearly Trough Low 670,950 DJF

Transaction Impact: A difference of 52,165.35 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

144.6025

134.6660

JanuMarcMayJulySeptNove

BND to DJF 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 141.4996, compared to 140.2806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2190 points.

H1 Avg (Jan–Jun) 141.4996

H2 Avg (Jul–Dec) 140.2806

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 3.5718 DJF (High: 143.0316 / Low: 139.4598). On the other end, August was the most stable month, with a tight range of 1.2623 DJF (High: 143.8132 / Low: 142.5509).

September Spread (Volatile) ±3.5718

August Spread (Stable) ±1.2623

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.3581 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.3581

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 143.7745) against the same month in 2013 (average: 140.1806), the exchange rate shifted by +3.5939 (+2.56%).

2014 Avg (July) 143.7745

2013 Avg (July) 140.1806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	141.2443	138.7828	139.8965
February	141.6351	138.9694	140.5858
March	141.7174	139.6861	140.5334
April	143.5225	140.4690	142.2982
May	143.5421	142.1677	142.8061
June	143.7288	142.1813	142.8774
July	144.6231	142.9365	143.7745
August	143.8132	142.5509	143.2042
September	143.0316	139.4598	141.3171
October	140.9206	138.9149	140.0416
November	139.4392	136.6696	137.8521
December	136.8561	134.1900	135.4941