2014 HUF to BIF Historical Review

YEARLY HIGH

7.1592 BIF

YEARLY LOW

5.9720 BIF

YEARLY AVERAGE

6.6846 BIF

2014 HUF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HUF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 7.1592. Conversely, the yearly low was recorded on December 27, dropping to 5.9720.

This high-to-low spread represents a total annual volatility of 1.1871 BIF. From a start-to-finish perspective, comparing the January average rate of 6.9963 to the December average rate of 6.1901, the exchange rate registered a net change of -11.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 7.1592 was down 2.48% compared to the 2013 peak of 7.3413, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 7,159,172 BIF

2013 Average 6,933,825 BIF

Yearly Trough Low 5,972,029 BIF

Transaction Impact: A difference of 1,187,143.35 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

7.0769

6.1095

JanuMarcMayJulySeptNove

HUF 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 6.9220, compared to 6.4472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4748 points.

H1 Avg (Jan–Jun) 6.9220

H2 Avg (Jul–Dec) 6.4472

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.4472 BIF (High: 7.1592 / Low: 6.7120). On the other end, April was the most stable month, with a tight range of 0.1088 BIF (High: 7.0282 / Low: 6.9194).

January Spread (Volatile) ±0.4472

April Spread (Stable) ±0.1088

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.2020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 6.9963) against the same month in 2013 (average: 6.8663), the exchange rate shifted by +0.1300 (+1.89%).

2014 Avg (January) 6.9963

2013 Avg (January) 6.8663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7.1592	6.7120	6.9963
February	6.9131	6.6903	6.8340
March	6.9601	6.8109	6.8884
April	7.0282	6.9194	6.9618
May	7.0528	6.9217	6.9776
June	6.9957	6.7978	6.8741
July	6.8314	6.5802	6.7709
August	6.6375	6.4266	6.5761
September	6.4820	6.2965	6.3742
October	6.5206	6.2063	6.4234
November	6.4480	6.2614	6.3487
December	6.3756	5.9720	6.1901