2014 FKP to BTN Historical Review

YEARLY HIGH

104.5626 BTN

YEARLY LOW

96.4535 BTN

YEARLY AVERAGE

100.5019 BTN

2014 FKP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FKP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 104.5626. Conversely, the yearly low was recorded on December 7, dropping to 96.4535.

This high-to-low spread represents a total annual volatility of 8.1092 BTN. From a start-to-finish perspective, comparing the January average rate of 102.2094 to the December average rate of 98.1048, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 104.5626 was down 0.53% compared to the 2013 peak of 105.1162, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 522,813 BTN

2013 Average 458,511 BTN

Yearly Trough Low 482,267 BTN

Transaction Impact: A difference of 40,545.90 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

103.6549

96.7171

JanuMarcMayJulySeptNove

FKP to BTN 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 101.4555, compared to 99.5484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9071 points.

H1 Avg (Jan–Jun) 101.4555

H2 Avg (Jul–Dec) 99.5484

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 4.1435 BTN (High: 103.6788 / Low: 99.5353). On the other end, July was the most stable month, with a tight range of 1.4429 BTN (High: 103.0762 / Low: 101.6333).

March Spread (Volatile) ±4.1435

July Spread (Stable) ±1.4429

Growth Streaks & Declines

Trends

Between May and July, 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 August and September, when the average rate fell by 2.4688 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.4688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 102.2094) against the same month in 2013 (average: 86.7902), the exchange rate shifted by +15.4192 (+17.77%).

2014 Avg (January) 102.2094

2013 Avg (January) 86.7902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	104.5626	100.6375	102.2094
February	103.9564	101.9594	103.0768
March	103.6788	99.5353	101.3925
April	102.5850	99.4745	101.0225
May	101.9924	98.2990	99.9625
June	102.8640	99.0294	101.0690
July	103.0762	101.6333	102.5083
August	103.3625	100.0465	101.6052
September	100.5194	97.0747	99.1364
October	99.7918	97.4652	98.6402
November	98.2797	96.4860	97.2953
December	99.8118	96.4535	98.1048