2014 BND to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BND to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BND to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 4241.4784. Conversely, the yearly low was recorded on December 31, dropping to 3965.6835.
This high-to-low spread represents a total annual volatility of 275.7949 ZMK. From a start-to-finish perspective, comparing the January average rate of 4125.8423 to the December average rate of 3989.9044, the exchange rate registered a net change of -3.29% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 4241.4784 was down 1.19% compared to the 2013 peak of 4292.4575, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
BND to ZMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4165.2947, compared to 4125.4437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 39.8510 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 89.6330 ZMK (High: 4169.9678 / Low: 4080.3348). On the other end, May was the most stable month, with a tight range of 25.7285 ZMK (High: 4207.5373 / Low: 4181.8088).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 65.4436 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2014: 4225.0551) against the same month in 2013 (average: 4124.5266), the exchange rate shifted by +100.5284 (+2.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4156.2666 | 4097.7980 | 4125.8423 |
| February | 4169.9678 | 4080.3348 | 4144.2529 |
| March | 4171.7037 | 4097.3961 | 4142.8412 |
| April | 4209.7076 | 4157.2338 | 4184.8411 |
| May | 4207.5373 | 4181.8088 | 4195.4304 |
| June | 4211.2889 | 4170.3809 | 4198.5603 |
| July | 4241.4784 | 4209.7699 | 4225.0551 |
| August | 4221.9827 | 4195.9838 | 4206.6400 |
| September | 4200.0439 | 4117.3621 | 4156.1106 |
| October | 4144.7912 | 4091.1355 | 4119.6041 |
| November | 4096.9669 | 4024.9132 | 4055.3480 |
| December | 4025.2649 | 3965.6835 | 3989.9044 |