2014 BTN to GNF Historical Review

YEARLY HIGH

120.7570 GNF

YEARLY LOW

110.3995 GNF

YEARLY AVERAGE

114.9100 GNF

2014 BTN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BTN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 120.7570. Conversely, the yearly low was recorded on January 27, dropping to 110.3995.

This high-to-low spread represents a total annual volatility of 10.3575 GNF. From a start-to-finish perspective, comparing the January average rate of 112.5319 to the December average rate of 112.4064, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 120.7570 was down 10.09% compared to the 2013 peak of 134.3032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BTN based on timing:

Yearly Peak High 603,785 GNF

2013 Average 602,448 GNF

Yearly Trough Low 551,998 GNF

Transaction Impact: A difference of 51,787.40 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

118.2960

111.8710

JanuMarcMayJulySeptNove

BTN to GNF 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 115.0779, compared to 114.7421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3358 points.

H1 Avg (Jan–Jun) 115.0779

H2 Avg (Jul–Dec) 114.7421

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 5.0839 GNF (High: 120.7570 / Low: 115.6731). On the other end, November was the most stable month, with a tight range of 2.0020 GNF (High: 115.4345 / Low: 113.4324).

May Spread (Volatile) ±5.0839

November Spread (Stable) ±2.0020

Growth Streaks & Declines

Trends

Between January and May, 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 July and August, when the average rate fell by 2.1447 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.1447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 117.7606) against the same month in 2013 (average: 128.7996), the exchange rate shifted by -11.0390 (-8.57%).

2014 Avg (May) 117.7606

2013 Avg (May) 128.7996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	114.0071	110.3995	112.5319
February	113.7876	111.6492	112.6506
March	117.3260	113.2514	114.9657
April	117.4090	114.0497	115.7575
May	120.7570	115.6731	117.7606
June	118.7284	114.3774	116.8011
July	118.0897	115.2408	117.0072
August	116.1824	113.8785	114.8626
September	116.4697	114.1578	115.2098
October	115.9887	113.8988	114.7605
November	115.4345	113.4324	114.2063
December	114.0686	110.4575	112.4064