2012 CDF to BIF Historical Review

YEARLY HIGH

1.6755 BIF

YEARLY LOW

1.3911 BIF

YEARLY AVERAGE

1.5251 BIF

2012 CDF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CDF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.6755. Conversely, the yearly low was recorded on April 17, dropping to 1.3911.

This high-to-low spread represents a total annual volatility of 0.2844 BIF. From a start-to-finish perspective, comparing the January average rate of 1.4245 to the December average rate of 1.6471, the exchange rate registered a net change of 15.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.6755 was up 14.11% compared to the 2011 peak of 1.4683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,378 BIF

2011 Average 6,637 BIF

Yearly Trough Low 6,955 BIF

Transaction Impact: A difference of 1,422.12 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.6701

1.3937

JanuMarcMayJulySeptNove

CDF to BIF 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 1.4586, compared to 1.5917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1331 points.

H1 Avg (Jan–Jun) 1.4586

H2 Avg (Jul–Dec) 1.5917

Volatility Range Comparison

Volatility

The most volatile month in 2012 was April, with a trading range of 0.1243 BIF (High: 1.5154 / Low: 1.3911). On the other end, March was the most stable month, with a tight range of 0.0196 BIF (High: 1.4266 / Low: 1.4070).

April Spread (Volatile) ±0.1243

March Spread (Stable) ±0.0196

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0039 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 1.6471) against the same month in 2011 (average: 1.4244), the exchange rate shifted by +0.2227 (+15.63%).

2012 Avg (December) 1.6471

2011 Avg (December) 1.4244

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4588	1.4003	1.4245
February	1.4385	1.4070	1.4207
March	1.4266	1.4070	1.4168
April	1.5154	1.3911	1.4365
May	1.5445	1.4895	1.5199
June	1.5500	1.5064	1.5331
July	1.5696	1.5186	1.5485
August	1.5744	1.5474	1.5614
September	1.6052	1.5467	1.5751
October	1.6107	1.5887	1.6037
November	1.6325	1.5918	1.6142
December	1.6755	1.6113	1.6471