2014 PEN to BND Historical Review

YEARLY HIGH

0.4552 BND

YEARLY LOW

0.4369 BND

YEARLY AVERAGE

0.4464 BND

2014 PEN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.4552. Conversely, the yearly low was recorded on October 28, dropping to 0.4369.

This high-to-low spread represents a total annual volatility of 0.0183 BND. From a start-to-finish perspective, comparing the January average rate of 0.4529 to the December average rate of 0.4444, the exchange rate registered a net change of -1.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4552 was down 5.83% compared to the 2013 peak of 0.4833, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,276 BND

2013 Average 2,317 BND

Yearly Trough Low 2,184 BND

Transaction Impact: A difference of 91.37 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4544

0.4374

JanuMarcMayJulySeptNove

PEN to BND 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 0.4501, compared to 0.4428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.4501

H2 Avg (Jul–Dec) 0.4428

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0085 BND (High: 0.4473 / Low: 0.4388). On the other end, October was the most stable month, with a tight range of 0.0040 BND (High: 0.4409 / Low: 0.4369).

November Spread (Volatile) ±0.0085

October Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.4529) against the same month in 2013 (average: 0.4811), the exchange rate shifted by -0.0282 (-5.85%).

2014 Avg (January) 0.4529

2013 Avg (January) 0.4811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4552	0.4509	0.4529
February	0.4533	0.4476	0.4501
March	0.4534	0.4480	0.4514
April	0.4517	0.4471	0.4495
May	0.4533	0.4451	0.4487
June	0.4537	0.4452	0.4478
July	0.4492	0.4443	0.4462
August	0.4477	0.4393	0.4437
September	0.4427	0.4387	0.4410
October	0.4409	0.4369	0.4388
November	0.4473	0.4388	0.4428
December	0.4475	0.4393	0.4444