2014 PEN to BTN Historical Review

YEARLY HIGH

22.3371 BTN

YEARLY LOW

20.9139 BTN

YEARLY AVERAGE

21.5014 BTN

2014 PEN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 22.3371. Conversely, the yearly low was recorded on December 9, dropping to 20.9139.

This high-to-low spread represents a total annual volatility of 1.4232 BTN. From a start-to-finish perspective, comparing the January average rate of 22.0933 to the December average rate of 21.1863, the exchange rate registered a net change of -4.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 22.3371 was down 7.28% compared to the 2013 peak of 24.0911, 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 111,685 BTN

2013 Average 108,230 BTN

Yearly Trough Low 104,570 BTN

Transaction Impact: A difference of 7,115.80 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

22.2173

20.9918

JanuMarcMayJulySeptNove

PEN 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 21.7007, compared to 21.3020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3987 points.

H1 Avg (Jan–Jun) 21.7007

H2 Avg (Jul–Dec) 21.3020

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.8390 BTN (High: 22.1196 / Low: 21.2805). On the other end, February was the most stable month, with a tight range of 0.1694 BTN (High: 22.1777 / Low: 22.0082).

March Spread (Volatile) ±0.8390

February Spread (Stable) ±0.1694

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.3972 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 22.0933) against the same month in 2013 (average: 21.2980), the exchange rate shifted by +0.7952 (+3.73%).

2014 Avg (January) 22.0933

2013 Avg (January) 21.2980

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.3371	21.8400	22.0933
February	22.1777	22.0082	22.1152
March	22.1196	21.2805	21.7300
April	21.8787	21.2994	21.6121
May	21.5034	20.9383	21.2726
June	21.5565	21.1886	21.3813
July	21.6384	21.3942	21.5547
August	21.9130	21.2667	21.6246
September	21.3792	21.0569	21.2274
October	21.3362	20.9896	21.1252
November	21.2802	20.9307	21.0939
December	21.4494	20.9139	21.1863