2014 BWP to CVE Historical Review

YEARLY HIGH

9.6140 CVE

YEARLY LOW

8.8587 CVE

YEARLY AVERAGE

9.2165 CVE

2014 BWP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BWP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 9.6140. Conversely, the yearly low was recorded on January 27, dropping to 8.8587.

This high-to-low spread represents a total annual volatility of 0.7554 CVE. From a start-to-finish perspective, comparing the January average rate of 9.0424 to the December average rate of 9.4393, the exchange rate registered a net change of 4.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 9.6140 was down 10.28% compared to the 2013 peak of 10.7153, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48,070 CVE

2013 Average 49,434 CVE

Yearly Trough Low 44,293 CVE

Transaction Impact: A difference of 3,776.77 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

9.5956

8.8873

JanuMarcMayJulySeptNove

BWP to CVE 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 9.0588, compared to 9.3743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3154 points.

H1 Avg (Jan–Jun) 9.0588

H2 Avg (Jul–Dec) 9.3743

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.3484 CVE (High: 9.6013 / Low: 9.2529). On the other end, April was the most stable month, with a tight range of 0.1178 CVE (High: 9.1324 / Low: 9.0146).

December Spread (Volatile) ±0.3484

April Spread (Stable) ±0.1178

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0973 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0973

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 9.5366) against the same month in 2013 (average: 9.4367), the exchange rate shifted by +0.0999 (+1.06%).

2014 Avg (November) 9.5366

2013 Avg (November) 9.4367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.1774	8.8587	9.0424
February	9.0463	8.8789	8.9463
March	9.1195	8.8621	8.9690
April	9.1324	9.0146	9.0731
May	9.2653	9.0306	9.1819
June	9.2295	9.0772	9.1402
July	9.2735	9.0751	9.1653
August	9.3775	9.1838	9.2798
September	9.5120	9.3089	9.3756
October	9.5906	9.3775	9.4489
November	9.6140	9.4685	9.5366
December	9.6013	9.2529	9.4393