2014 SZL to BIF Historical Review

YEARLY HIGH

150.2279 BIF

YEARLY LOW

133.6743 BIF

YEARLY AVERAGE

143.1921 BIF

2014 SZL to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 150.2279. Conversely, the yearly low was recorded on December 25, dropping to 133.6743.

This high-to-low spread represents a total annual volatility of 16.5536 BIF. From a start-to-finish perspective, comparing the January average rate of 142.7346 to the December average rate of 136.0894, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 150.2279 was down 17.05% compared to the 2013 peak of 181.1170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 751,139 BIF

2013 Average 805,741 BIF

Yearly Trough Low 668,371 BIF

Transaction Impact: A difference of 82,767.93 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

149.8791

134.8358

JanuMarcMayJulySeptNove

SZL 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 144.8172, compared to 141.5670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2502 points.

H1 Avg (Jan–Jun) 144.8172

H2 Avg (Jul–Dec) 141.5670

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 9.0306 BIF (High: 146.8816 / Low: 137.8510). On the other end, August was the most stable month, with a tight range of 2.7802 BIF (High: 146.8540 / Low: 144.0738).

January Spread (Volatile) ±9.0306

August Spread (Stable) ±2.7802

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 4.8617 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.8617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 148.6255) against the same month in 2013 (average: 168.6744), the exchange rate shifted by -20.0489 (-11.89%).

2014 Avg (May) 148.6255

2013 Avg (May) 168.6744

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	146.8816	137.8510	142.7346
February	144.9990	137.8887	141.2464
March	146.9695	142.8033	144.5242
April	148.3670	145.5017	146.7928
May	150.2279	146.9026	148.6255
June	147.6485	143.3862	144.9798
July	147.6025	143.2898	145.2616
August	146.8540	144.0738	145.2827
September	145.5210	137.4542	141.1139
October	143.7440	135.4797	140.7033
November	142.7293	138.1969	140.9511
December	142.0191	133.6743	136.0894