2014 BND to NZD Historical Review

YEARLY HIGH

1.0109 NZD

YEARLY LOW

0.9110 NZD

YEARLY AVERAGE

0.9517 NZD

2014 BND to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 1.0109. Conversely, the yearly low was recorded on June 26, dropping to 0.9110.

This high-to-low spread represents a total annual volatility of 0.0999 NZD. From a start-to-finish perspective, comparing the January average rate of 0.9505 to the December average rate of 0.9788, the exchange rate registered a net change of 2.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0109 was down 0.92% compared to the 2013 peak of 1.0203, 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 5,054 NZD

2013 Average 4,876 NZD

Yearly Trough Low 4,555 NZD

Transaction Impact: A difference of 499.42 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0053

0.9181

JanuMarcMayJulySeptNove

BND to NZD 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 0.9349, compared to 0.9686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0336 points.

H1 Avg (Jan–Jun) 0.9349

H2 Avg (Jul–Dec) 0.9686

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0558 NZD (High: 1.0098 / Low: 0.9540). On the other end, April was the most stable month, with a tight range of 0.0129 NZD (High: 0.9318 / Low: 0.9189).

September Spread (Volatile) ±0.0558

April Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0271 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.9980) against the same month in 2013 (average: 0.9640), the exchange rate shifted by +0.0340 (+3.53%).

2014 Avg (October) 0.9980

2013 Avg (October) 0.9640

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9676	0.9402	0.9505
February	0.9691	0.9410	0.9530
March	0.9429	0.9114	0.9259
April	0.9318	0.9189	0.9254
May	0.9390	0.9196	0.9285
June	0.9441	0.9110	0.9263
July	0.9475	0.9127	0.9261
August	0.9604	0.9408	0.9496
September	1.0098	0.9540	0.9731
October	1.0109	0.9851	0.9980
November	1.0051	0.9727	0.9857
December	0.9914	0.9658	0.9788