2015 BND to GIP Historical Review

YEARLY HIGH

0.5011 GIP

YEARLY LOW

0.4500 GIP

YEARLY AVERAGE

0.4764 GIP

2015 BND to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BND to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 0.5011. Conversely, the yearly low was recorded on August 24, dropping to 0.4500.

This high-to-low spread represents a total annual volatility of 0.0510 GIP. From a start-to-finish perspective, comparing the January average rate of 0.4934 to the December average rate of 0.4742, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5011 was up 1.34% compared to the 2014 peak of 0.4944, 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 2,505 GIP

2014 Average 2,397 GIP

Yearly Trough Low 2,250 GIP

Transaction Impact: A difference of 255.13 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.4997

0.4560

JanuMarcMayJulySeptNove

BND to GIP 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 0.4864, compared to 0.4664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0200 points.

H1 Avg (Jan–Jun) 0.4864

H2 Avg (Jul–Dec) 0.4664

Volatility Range Comparison

Volatility

The most volatile month in 2015 was May, with a trading range of 0.0205 GIP (High: 0.4983 / Low: 0.4779). On the other end, September was the most stable month, with a tight range of 0.0071 GIP (High: 0.4648 / Low: 0.4576).

May Spread (Volatile) ±0.0205

September Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0129 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 0.4960) against the same month in 2014 (average: 0.4759), the exchange rate shifted by +0.0201 (+4.22%).

2015 Avg (April) 0.4960

2014 Avg (April) 0.4759

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4982	0.4844	0.4934
February	0.4916	0.4753	0.4813
March	0.4923	0.4761	0.4853
April	0.5011	0.4903	0.4960
May	0.4983	0.4779	0.4855
June	0.4860	0.4711	0.4770
July	0.4813	0.4658	0.4725
August	0.4665	0.4500	0.4596
September	0.4648	0.4576	0.4610
October	0.4688	0.4597	0.4653
November	0.4715	0.4613	0.4658
December	0.4800	0.4659	0.4742