2014 BTN to STD Historical Review

YEARLY HIGH

322.2526 STD

YEARLY LOW

284.3232 STD

YEARLY AVERAGE

302.6956 STD

2014 BTN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BTN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 322.2526. Conversely, the yearly low was recorded on January 27, dropping to 284.3232.

This high-to-low spread represents a total annual volatility of 37.9295 STD. From a start-to-finish perspective, comparing the January average rate of 290.0677 to the December average rate of 317.1429, the exchange rate registered a net change of 9.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 322.2526 was down 8.59% compared to the 2013 peak of 352.5196, 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 1,611,263 STD

2013 Average 1,585,609 STD

Yearly Trough Low 1,421,616 STD

Transaction Impact: A difference of 189,647.26 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

321.6248

285.5518

JanuMarcMayJulySeptNove

BTN to STD 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 294.3669, compared to 311.0243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.6574 points.

H1 Avg (Jan–Jun) 294.3669

H2 Avg (Jul–Dec) 311.0243

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 15.2206 STD (High: 307.7957 / Low: 292.5752). On the other end, February was the most stable month, with a tight range of 5.2177 STD (High: 290.0345 / Low: 284.8168).

May Spread (Volatile) ±15.2206

February Spread (Stable) ±5.2177

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 1.5098 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.5098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 317.1429) against the same month in 2013 (average: 289.5814), the exchange rate shifted by +27.5615 (+9.52%).

2014 Avg (December) 317.1429

2013 Avg (December) 289.5814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	294.6472	284.3232	290.0677
February	290.0345	284.8168	288.5579
March	297.9249	286.7919	290.7414
April	297.6571	289.7268	294.2575
May	307.7957	292.5752	300.7854
June	305.3115	298.5718	301.7916
July	304.0030	297.5121	300.8778
August	307.5102	298.6296	302.3439
September	315.5368	307.9368	312.1102
October	317.8844	311.2962	315.0526
November	320.9015	314.7455	318.6187
December	322.2526	309.3297	317.1429