2014 BND to MRO Historical Review

YEARLY HIGH

238.4757 MRO

YEARLY LOW

218.6047 MRO

YEARLY AVERAGE

230.6101 MRO

2014 BND to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 238.4757. Conversely, the yearly low was recorded on December 8, dropping to 218.6047.

This high-to-low spread represents a total annual volatility of 19.8711 MRO. From a start-to-finish perspective, comparing the January average rate of 228.5213 to the December average rate of 220.9783, the exchange rate registered a net change of -3.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 238.4757 was down 3.80% compared to the 2013 peak of 247.8880, 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 1,192,379 MRO

2013 Average 1,173,777 MRO

Yearly Trough Low 1,093,023 MRO

Transaction Impact: A difference of 99,355.27 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

236.5610

219.5617

JanuMarcMayJulySeptNove

BND to MRO 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 232.0731, compared to 229.1472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9260 points.

H1 Avg (Jan–Jun) 232.0731

H2 Avg (Jul–Dec) 229.1472

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 7.9971 MRO (High: 236.4582 / Low: 228.4610). On the other end, June was the most stable month, with a tight range of 2.0364 MRO (High: 234.3985 / Low: 232.3620).

March Spread (Volatile) ±7.9971

June Spread (Stable) ±2.0364

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 4.4709 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.4709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 235.1444) against the same month in 2013 (average: 221.2917), the exchange rate shifted by +13.8527 (+6.26%).

2014 Avg (April) 235.1444

2013 Avg (April) 221.2917

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	230.1264	226.9956	228.5213
February	231.2929	227.5154	229.6487
March	236.4582	228.4610	230.8726
April	238.4757	231.5078	235.1444
May	236.6406	232.1175	234.6126
June	234.3985	232.3620	233.6392
July	235.8305	233.1207	234.6840
August	235.4906	232.6585	233.9051
September	233.3442	228.5619	230.7379
October	231.0226	227.5157	229.1282
November	229.4801	223.0878	225.4492
December	222.9972	218.6047	220.9783