2014 BND to PEN Historical Review

YEARLY HIGH

2.2890 PEN

YEARLY LOW

2.1971 PEN

YEARLY AVERAGE

2.2402 PEN

2014 BND to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 2.2890. Conversely, the yearly low was recorded on January 22, dropping to 2.1971.

This high-to-low spread represents a total annual volatility of 0.0919 PEN. From a start-to-finish perspective, comparing the January average rate of 2.2078 to the December average rate of 2.2505, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.2890 was up 1.67% compared to the 2013 peak of 2.2514, 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 11,445 PEN

2013 Average 10,801 PEN

Yearly Trough Low 10,985 PEN

Transaction Impact: A difference of 459.50 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.2862

2.2007

JanuMarcMayJulySeptNove

BND to PEN 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 2.2219, compared to 2.2584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0365 points.

H1 Avg (Jan–Jun) 2.2219

H2 Avg (Jul–Dec) 2.2584

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0434 PEN (High: 2.2790 / Low: 2.2355). On the other end, January was the most stable month, with a tight range of 0.0205 PEN (High: 2.2176 / Low: 2.1971).

November Spread (Volatile) ±0.0434

January Spread (Stable) ±0.0205

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0208 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 2.2791) against the same month in 2013 (average: 2.2278), the exchange rate shifted by +0.0513 (+2.30%).

2014 Avg (October) 2.2791

2013 Avg (October) 2.2278

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2176	2.1971	2.2078
February	2.2343	2.2059	2.2217
March	2.2321	2.2056	2.2153
April	2.2366	2.2139	2.2245
May	2.2469	2.2060	2.2287
June	2.2460	2.2043	2.2332
July	2.2509	2.2263	2.2411
August	2.2765	2.2338	2.2540
September	2.2797	2.2587	2.2677
October	2.2890	2.2680	2.2791
November	2.2790	2.2355	2.2582
December	2.2761	2.2348	2.2505