2014 BND to MDL Historical Review

YEARLY HIGH

11.9170 MDL

YEARLY LOW

10.2000 MDL

YEARLY AVERAGE

11.0545 MDL

2014 BND to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 11.9170. Conversely, the yearly low was recorded on January 8, dropping to 10.2000.

This high-to-low spread represents a total annual volatility of 1.7170 MDL. From a start-to-finish perspective, comparing the January average rate of 10.3563 to the December average rate of 11.7194, the exchange rate registered a net change of 13.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 11.9170 was up 13.27% compared to the 2013 peak of 10.5212, 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 59,585 MDL

2013 Average 50,116 MDL

Yearly Trough Low 51,000 MDL

Transaction Impact: A difference of 8,584.89 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

11.8557

10.2200

JanuMarcMayJulySeptNove

BND to MDL 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 10.7115, compared to 11.3975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6861 points.

H1 Avg (Jan–Jun) 10.7115

H2 Avg (Jul–Dec) 11.3975

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.4814 MDL (High: 11.9170 / Low: 11.4356). On the other end, October was the most stable month, with a tight range of 0.1581 MDL (High: 11.5630 / Low: 11.4049).

December Spread (Volatile) ±0.4814

October Spread (Stable) ±0.1581

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 July and August, when the average rate fell by 0.1582 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 11.7194) against the same month in 2013 (average: 10.2695), the exchange rate shifted by +1.4499 (+14.12%).

2014 Avg (December) 11.7194

2013 Avg (December) 10.2695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5200	10.2000	10.3563
February	10.7989	10.5234	10.6586
March	10.7802	10.4354	10.6073
April	10.7555	10.5805	10.6734
May	11.0343	10.6931	10.8456
June	11.2369	11.0201	11.1275
July	11.3108	11.1210	11.2327
August	11.2202	10.9438	11.0745
September	11.4061	11.2067	11.3203
October	11.5630	11.4049	11.4961
November	11.6469	11.4471	11.5423
December	11.9170	11.4356	11.7194