2014 NZD to BAM Historical Review

YEARLY HIGH

1.2677 BAM

YEARLY LOW

1.1664 BAM

YEARLY AVERAGE

1.2229 BAM

2014 NZD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NZD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 1.2677. Conversely, the yearly low was recorded on January 1, dropping to 1.1664.

This high-to-low spread represents a total annual volatility of 0.1012 BAM. From a start-to-finish perspective, comparing the January average rate of 1.1876 to the December average rate of 1.2337, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2677 was down 1.71% compared to the 2013 peak of 1.2897, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,338 BAM

2013 Average 6,044 BAM

Yearly Trough Low 5,832 BAM

Transaction Impact: A difference of 506.18 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2617

1.1804

JanuMarcMayJulySeptNove

NZD to BAM 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 1.2116, compared to 1.2342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0226 points.

H1 Avg (Jan–Jun) 1.2116

H2 Avg (Jul–Dec) 1.2342

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0598 BAM (High: 1.2585 / Low: 1.1987). On the other end, August was the most stable month, with a tight range of 0.0120 BAM (High: 1.2454 / Low: 1.2334).

September Spread (Volatile) ±0.0598

August Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0210 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 1.2549) against the same month in 2013 (average: 1.1798), the exchange rate shifted by +0.0751 (+6.37%).

2014 Avg (July) 1.2549

2013 Avg (July) 1.1798

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2034	1.1664	1.1876
February	1.1968	1.1700	1.1872
March	1.2333	1.1885	1.2069
April	1.2327	1.2070	1.2202
May	1.2356	1.2167	1.2257
June	1.2625	1.2115	1.2419
July	1.2677	1.2389	1.2549
August	1.2454	1.2334	1.2394
September	1.2585	1.1987	1.2348
October	1.2240	1.2056	1.2138
November	1.2467	1.2087	1.2290
December	1.2593	1.2166	1.2337