2014 MRO to BTN Historical Review

YEARLY HIGH

0.2186 BTN

YEARLY LOW

0.1980 BTN

YEARLY AVERAGE

0.2089 BTN

2014 MRO to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MRO to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2186. Conversely, the yearly low was recorded on May 19, dropping to 0.1980.

This high-to-low spread represents a total annual volatility of 0.0206 BTN. From a start-to-finish perspective, comparing the January average rate of 0.2135 to the December average rate of 0.2158, the exchange rate registered a net change of 1.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2186 was down 4.21% compared to the 2013 peak of 0.2282, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,093 BTN

2013 Average 997 BTN

Yearly Trough Low 990 BTN

Transaction Impact: A difference of 102.91 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2171

0.2007

JanuMarcMayJulySeptNove

MRO 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 0.2078, compared to 0.2100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.2078

H2 Avg (Jul–Dec) 0.2100

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0121 BTN (High: 0.2130 / Low: 0.2009). On the other end, July was the most stable month, with a tight range of 0.0028 BTN (High: 0.2071 / Low: 0.2043).

March Spread (Volatile) ±0.0121

July Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0054 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.2158) against the same month in 2013 (average: 0.2123), the exchange rate shifted by +0.0035 (+1.64%).

2014 Avg (December) 0.2158

2013 Avg (December) 0.2123

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2169	0.2107	0.2135
February	0.2162	0.2122	0.2140
March	0.2130	0.2009	0.2085
April	0.2067	0.2020	0.2045
May	0.2052	0.1980	0.2021
June	0.2072	0.2018	0.2044
July	0.2071	0.2043	0.2058
August	0.2103	0.2059	0.2084
September	0.2116	0.2059	0.2086
October	0.2127	0.2083	0.2101
November	0.2133	0.2086	0.2113
December	0.2186	0.2131	0.2158