2013 ERN to BIF Historical Review

YEARLY HIGH

1581.7525 BIF

YEARLY LOW

1500.0475 BIF

YEARLY AVERAGE

1549.8238 BIF

2013 ERN to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ERN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 1581.7525. Conversely, the yearly low was recorded on January 10, dropping to 1500.0475.

This high-to-low spread represents a total annual volatility of 81.7050 BIF. From a start-to-finish perspective, comparing the January average rate of 1516.4566 to the December average rate of 1546.7146, the exchange rate registered a net change of 2.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1581.7525 was up 2.54% compared to the 2012 peak of 1542.6450, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,908,763 BIF

2012 Average 7,018,339 BIF

Yearly Trough Low 7,500,237 BIF

Transaction Impact: A difference of 408,525.00 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1576.8183

1510.9692

JanuMarcMayJulySeptNove

ERN 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 1556.2868, compared to 1543.3607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.9262 points.

H1 Avg (Jan–Jun) 1556.2868

H2 Avg (Jul–Dec) 1543.3607

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 76.3792 BIF (High: 1581.7525 / Low: 1505.3733). On the other end, September was the most stable month, with a tight range of 8.0263 BIF (High: 1541.9601 / Low: 1533.9338).

March Spread (Volatile) ±76.3792

September Spread (Stable) ±8.0263

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 15.8871 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -15.8871

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 1557.3922) against the same month in 2012 (average: 1298.1011), the exchange rate shifted by +259.2911 (+19.97%).

2013 Avg (March) 1557.3922

2012 Avg (March) 1298.1011

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1562.4113	1500.0475	1516.4566
February	1579.7125	1548.8138	1567.1090
March	1581.7525	1505.3733	1557.3922
April	1578.2817	1564.3833	1571.3308
May	1580.1567	1550.9683	1570.6597
June	1569.9367	1544.0850	1554.7726
July	1556.0833	1532.2350	1545.6167
August	1540.9982	1532.4013	1537.0730
September	1541.9601	1533.9338	1539.6141
October	1550.0084	1533.4334	1542.6226
November	1553.5501	1544.9801	1548.5230
December	1554.2334	1541.3076	1546.7146