2014 BZD to PEN Historical Review

YEARLY HIGH

1.4962 PEN

YEARLY LOW

1.3741 PEN

YEARLY AVERAGE

1.4205 PEN

2014 BZD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BZD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.4962. Conversely, the yearly low was recorded on April 20, dropping to 1.3741.

This high-to-low spread represents a total annual volatility of 0.1221 PEN. From a start-to-finish perspective, comparing the January average rate of 1.4090 to the December average rate of 1.4825, the exchange rate registered a net change of 5.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4962 was up 5.09% compared to the 2013 peak of 1.4237, 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 7,481 PEN

2013 Average 6,768 PEN

Yearly Trough Low 6,871 PEN

Transaction Impact: A difference of 610.59 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4921

1.3768

JanuMarcMayJulySeptNove

BZD to PEN 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 1.4012, compared to 1.4398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0386 points.

H1 Avg (Jan–Jun) 1.4012

H2 Avg (Jul–Dec) 1.4398

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0325 PEN (High: 1.4962 / Low: 1.4637). On the other end, July was the most stable month, with a tight range of 0.0111 PEN (High: 1.4001 / Low: 1.3889).

December Spread (Volatile) ±0.0325

July Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between July and December, 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 March and April, when the average rate fell by 0.0239 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.4825) against the same month in 2013 (average: 1.3974), the exchange rate shifted by +0.0851 (+6.09%).

2014 Avg (December) 1.4825

2013 Avg (December) 1.3974

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4156	1.4039	1.4090
February	1.4174	1.4054	1.4136
March	1.4185	1.3960	1.4103
April	1.3979	1.3741	1.3864
May	1.3971	1.3822	1.3892
June	1.4040	1.3848	1.3985
July	1.4001	1.3889	1.3940
August	1.4257	1.3981	1.4087
September	1.4511	1.4265	1.4346
October	1.4612	1.4499	1.4549
November	1.4701	1.4582	1.4642
December	1.4962	1.4637	1.4825