2014 NPR to BIF Historical Review

YEARLY HIGH

16.5044 BIF

YEARLY LOW

15.2956 BIF

YEARLY AVERAGE

15.8816 BIF

2014 NPR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NPR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 16.5044. Conversely, the yearly low was recorded on December 27, dropping to 15.2956.

This high-to-low spread represents a total annual volatility of 1.2088 BIF. From a start-to-finish perspective, comparing the January average rate of 15.5885 to the December average rate of 15.5878, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 16.5044 was down 10.83% compared to the 2013 peak of 18.5082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 82,522 BIF

2013 Average 83,106 BIF

Yearly Trough Low 76,478 BIF

Transaction Impact: A difference of 6,043.80 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

16.3105

15.5061

JanuMarcMayJulySeptNove

NPR 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 15.9152, compared to 15.8479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0673 points.

H1 Avg (Jan–Jun) 15.9152

H2 Avg (Jul–Dec) 15.8479

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.6510 BIF (High: 16.2367 / Low: 15.5858). On the other end, November was the most stable month, with a tight range of 0.1658 BIF (High: 15.8918 / Low: 15.7260).

March Spread (Volatile) ±0.6510

November Spread (Stable) ±0.1658

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 July and August, when the average rate fell by 0.2093 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 16.2435) against the same month in 2013 (average: 17.8798), the exchange rate shifted by -1.6363 (-9.15%).

2014 Avg (May) 16.2435

2013 Avg (May) 17.8798

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.7420	15.3513	15.5885
February	15.7133	15.4401	15.5732
March	16.2367	15.5858	15.8841
April	16.2346	15.8632	16.0262
May	16.5044	15.9757	16.2435
June	16.4058	15.9875	16.1757
July	16.2196	15.9370	16.0981
August	15.9839	15.7580	15.8888
September	16.0039	15.6852	15.8777
October	16.0503	15.5007	15.8447
November	15.8918	15.7260	15.7901
December	15.9379	15.2956	15.5878