2014 BND to MXN Historical Review

YEARLY HIGH

11.3060 MXN

YEARLY LOW

10.2337 MXN

YEARLY AVERAGE

10.4994 MXN

2014 BND to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 11.3060. Conversely, the yearly low was recorded on May 29, dropping to 10.2337.

This high-to-low spread represents a total annual volatility of 1.0724 MXN. From a start-to-finish perspective, comparing the January average rate of 10.3752 to the December average rate of 11.0499, the exchange rate registered a net change of 6.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 11.3060 was up 6.74% compared to the 2013 peak of 10.5924, 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 56,530 MXN

2013 Average 50,996 MXN

Yearly Trough Low 51,168 MXN

Transaction Impact: A difference of 5,361.91 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

11.1222

10.2541

JanuMarcMayJulySeptNove

BND to MXN 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 10.3999, compared to 10.5989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1989 points.

H1 Avg (Jan–Jun) 10.3999

H2 Avg (Jul–Dec) 10.5989

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.6048 MXN (High: 11.3060 / Low: 10.7013). On the other end, February was the most stable month, with a tight range of 0.1410 MXN (High: 10.5734 / Low: 10.4323).

December Spread (Volatile) ±0.6048

February Spread (Stable) ±0.1410

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0822 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0822

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 11.0499) against the same month in 2013 (average: 10.3162), the exchange rate shifted by +0.7337 (+7.11%).

2014 Avg (December) 11.0499

2013 Avg (December) 10.3162

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5188	10.2487	10.3752
February	10.5734	10.4323	10.4921
March	10.4875	10.3346	10.4188
April	10.4584	10.3067	10.4087
May	10.4379	10.2337	10.3265
June	10.4561	10.2585	10.3784
July	10.5883	10.3872	10.4449
August	10.6400	10.4457	10.5284
September	10.5836	10.3891	10.4717
October	10.6621	10.4851	10.5811
November	10.6691	10.4407	10.5173
December	11.3060	10.7013	11.0499