2014 BZD to CVE Historical Review

YEARLY HIGH

45.3572 CVE

YEARLY LOW

39.1404 CVE

YEARLY AVERAGE

41.4158 CVE

2014 BZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 45.3572. Conversely, the yearly low was recorded on May 6, dropping to 39.1404.

This high-to-low spread represents a total annual volatility of 6.2168 CVE. From a start-to-finish perspective, comparing the January average rate of 40.4862 to the December average rate of 44.6648, the exchange rate registered a net change of 10.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 45.3572 was up 3.90% compared to the 2013 peak of 43.6541, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 226,786 CVE

2013 Average 207,648 CVE

Yearly Trough Low 195,702 CVE

Transaction Impact: A difference of 31,083.78 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

45.1826

38.9691

JanuMarcMayJulySeptNove

BZD 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 40.0722, compared to 42.7594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6872 points.

H1 Avg (Jan–Jun) 40.0722

H2 Avg (Jul–Dec) 42.7594

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 1.6970 CVE (High: 43.5362 / Low: 41.8392). On the other end, June was the most stable month, with a tight range of 0.4330 CVE (High: 40.6258 / Low: 40.1928).

September Spread (Volatile) ±1.6970

June Spread (Stable) ±0.4330

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4944 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.4944

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 44.6648) against the same month in 2013 (average: 40.2736), the exchange rate shifted by +4.3912 (+10.90%).

2014 Avg (December) 44.6648

2013 Avg (December) 40.2736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.7761	40.0898	40.4862
February	40.8194	39.9993	40.3724
March	40.3652	39.5365	39.8780
April	39.8455	39.2668	39.4869
May	40.3729	39.1404	39.7855
June	40.6258	40.1928	40.4243
July	41.0280	40.1579	40.5334
August	41.7367	40.8538	41.2286
September	43.5362	41.8392	42.6758
October	43.8984	42.8881	43.3892
November	44.2681	43.6255	44.0649
December	45.3572	44.0408	44.6648