2013 CDF to BIF Historical Review

YEARLY HIGH

1.7228 BIF

YEARLY LOW

1.6209 BIF

YEARLY AVERAGE

1.6801 BIF

2013 CDF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CDF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 1.7228. Conversely, the yearly low was recorded on March 12, dropping to 1.6209.

This high-to-low spread represents a total annual volatility of 0.1018 BIF. From a start-to-finish perspective, comparing the January average rate of 1.6459 to the December average rate of 1.6753, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.7228 was up 2.82% compared to the 2012 peak of 1.6755, 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 8,614 BIF

2012 Average 7,628 BIF

Yearly Trough Low 8,105 BIF

Transaction Impact: A difference of 509.15 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.7127

1.6398

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 1.6886, compared to 1.6716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 1.6886

H2 Avg (Jul–Dec) 1.6716

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.0842 BIF (High: 1.7052 / Low: 1.6209). On the other end, September was the most stable month, with a tight range of 0.0140 BIF (High: 1.6707 / Low: 1.6567).

March Spread (Volatile) ±0.0842

September Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0215 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 1.7067) against the same month in 2012 (average: 1.4365), the exchange rate shifted by +0.2702 (+18.81%).

2013 Avg (April) 1.7067

2012 Avg (April) 1.4365

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7002	1.6289	1.6459
February	1.7168	1.6835	1.7040
March	1.7052	1.6209	1.6824
April	1.7228	1.6902	1.7067
May	1.7140	1.6890	1.7057
June	1.6976	1.6779	1.6868
July	1.6971	1.6604	1.6772
August	1.6829	1.6584	1.6695
September	1.6707	1.6567	1.6640
October	1.6783	1.6538	1.6676
November	1.6856	1.6668	1.6757
December	1.6846	1.6664	1.6753