2014 LTL to BTN Historical Review

YEARLY HIGH

24.9803 BTN

YEARLY LOW

22.0598 BTN

YEARLY AVERAGE

23.4773 BTN

2014 LTL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LTL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 24.9803. Conversely, the yearly low was recorded on December 8, dropping to 22.0598.

This high-to-low spread represents a total annual volatility of 2.9205 BTN. From a start-to-finish perspective, comparing the January average rate of 24.4891 to the December average rate of 22.3778, the exchange rate registered a net change of -8.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 24.9803 was down 4.61% compared to the 2013 peak of 26.1874, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 124,901 BTN

2013 Average 112,708 BTN

Yearly Trough Low 110,299 BTN

Transaction Impact: A difference of 14,602.29 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

24.8485

22.0552

JanuMarcMayJulySeptNove

LTL 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 24.1327, compared to 22.8218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3109 points.

H1 Avg (Jan–Jun) 24.1327

H2 Avg (Jul–Dec) 22.8218

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 1.1670 BTN (High: 24.2236 / Low: 23.0566). On the other end, February was the most stable month, with a tight range of 0.2648 BTN (High: 24.7430 / Low: 24.4782).

May Spread (Volatile) ±1.1670

February Spread (Stable) ±0.2648

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.7632 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.7632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 24.4891) against the same month in 2013 (average: 20.9120), the exchange rate shifted by +3.5772 (+17.11%).

2014 Avg (January) 24.4891

2013 Avg (January) 20.9120

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.9803	24.1092	24.4891
February	24.7430	24.4782	24.6157
March	24.7421	23.8208	24.4199
April	24.4511	23.8648	24.1320
May	24.2236	23.0566	23.6127
June	23.8290	23.2404	23.5271
July	23.7969	23.3255	23.5551
August	23.7804	23.0511	23.4742
September	23.0571	22.4588	22.7110
October	22.8494	22.2957	22.5248
November	22.4989	22.0655	22.2879
December	22.9426	22.0598	22.3778