2014 SAR to BIF Historical Review

YEARLY HIGH

420.0584 BIF

YEARLY LOW

408.8501 BIF

YEARLY AVERAGE

413.8688 BIF

2014 SAR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SAR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 420.0584. Conversely, the yearly low was recorded on October 4, dropping to 408.8501.

This high-to-low spread represents a total annual volatility of 11.2083 BIF. From a start-to-finish perspective, comparing the January average rate of 412.9781 to the December average rate of 416.9845, the exchange rate registered a net change of 0.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 420.0584 was down 0.39% compared to the 2013 peak of 421.7162, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,100,292 BIF

2013 Average 2,065,994 BIF

Yearly Trough Low 2,044,250 BIF

Transaction Impact: A difference of 56,041.42 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

417.4555

411.8032

JanuMarcMayJulySeptNove

SAR 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 413.0405, compared to 414.6971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6566 points.

H1 Avg (Jan–Jun) 413.0405

H2 Avg (Jul–Dec) 414.6971

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 11.2083 BIF (High: 420.0584 / Low: 408.8501). On the other end, November was the most stable month, with a tight range of 2.9787 BIF (High: 417.6398 / Low: 414.6612).

October Spread (Volatile) ±11.2083

November Spread (Stable) ±2.9787

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.9103 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 415.6620) against the same month in 2013 (average: 411.3476), the exchange rate shifted by +4.3145 (+1.05%).

2014 Avg (October) 415.6620

2013 Avg (October) 411.3476

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	414.7456	410.6986	412.9781
February	414.9298	409.6199	413.5633
March	414.9455	411.9468	413.8998
April	414.3992	411.3940	412.9895
May	414.4796	411.0685	412.5378
June	414.6081	410.7935	412.2743
July	414.9716	409.6066	412.9892
August	414.8229	411.0064	413.1833
September	415.2925	411.1343	413.0199
October	420.0584	408.8501	415.6620
November	417.6398	414.6612	416.3436
December	419.6239	414.1922	416.9845