2014 PEN to BZD Historical Review

YEARLY HIGH

0.7277 BZD

YEARLY LOW

0.6683 BZD

YEARLY AVERAGE

0.7043 BZD

2014 PEN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.7277. Conversely, the yearly low was recorded on December 30, dropping to 0.6683.

This high-to-low spread represents a total annual volatility of 0.0594 BZD. From a start-to-finish perspective, comparing the January average rate of 0.7097 to the December average rate of 0.6745, the exchange rate registered a net change of -4.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7277 was down 7.48% compared to the 2013 peak of 0.7866, 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 3,639 BZD

2013 Average 3,699 BZD

Yearly Trough Low 3,342 BZD

Transaction Impact: A difference of 296.99 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7260

0.6699

JanuMarcMayJulySeptNove

PEN to BZD 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 0.7137, compared to 0.6949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.7137

H2 Avg (Jul–Dec) 0.6949

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0148 BZD (High: 0.6832 / Low: 0.6683). On the other end, October was the most stable month, with a tight range of 0.0053 BZD (High: 0.6897 / Low: 0.6844).

December Spread (Volatile) ±0.0148

October Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0128 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 0.7213) against the same month in 2013 (average: 0.7741), the exchange rate shifted by -0.0528 (-6.82%).

2014 Avg (April) 0.7213

2013 Avg (April) 0.7741

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7123	0.7064	0.7097
February	0.7116	0.7055	0.7074
March	0.7163	0.7050	0.7091
April	0.7277	0.7154	0.7213
May	0.7235	0.7158	0.7199
June	0.7221	0.7122	0.7151
July	0.7200	0.7143	0.7173
August	0.7153	0.7014	0.7099
September	0.7010	0.6891	0.6971
October	0.6897	0.6844	0.6873
November	0.6858	0.6802	0.6830
December	0.6832	0.6683	0.6745