2014 BTN to FJD Historical Review

YEARLY HIGH

0.0320 FJD

YEARLY LOW

0.0300 FJD

YEARLY AVERAGE

0.0308 FJD

2014 BTN to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BTN to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.0320. Conversely, the yearly low was recorded on February 11, dropping to 0.0300.

This high-to-low spread represents a total annual volatility of 0.0019 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0304 to the December average rate of 0.0315, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0320 was down 4.18% compared to the 2013 peak of 0.0334, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160 FJD

2013 Average 157 FJD

Yearly Trough Low 150 FJD

Transaction Impact: A difference of 9.75 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0317

0.0300

JanuMarcMayJulySeptNove

BTN to FJD 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 0.0305, compared to 0.0311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0305

H2 Avg (Jul–Dec) 0.0311

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0011 FJD (High: 0.0315 / Low: 0.0304). On the other end, February was the most stable month, with a tight range of 0.0003 FJD (High: 0.0304 / Low: 0.0300).

May Spread (Volatile) ±0.0011

February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0315) against the same month in 2013 (average: 0.0303), the exchange rate shifted by +0.0012 (+3.97%).

2014 Avg (December) 0.0315

2013 Avg (December) 0.0303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0307	0.0300	0.0304
February	0.0304	0.0300	0.0302
March	0.0308	0.0303	0.0305
April	0.0308	0.0301	0.0304
May	0.0315	0.0304	0.0309
June	0.0312	0.0303	0.0307
July	0.0308	0.0304	0.0306
August	0.0308	0.0302	0.0305
September	0.0314	0.0307	0.0310
October	0.0316	0.0311	0.0314
November	0.0319	0.0312	0.0315
December	0.0320	0.0311	0.0315

2014 BTN నుండి FJD చారిత్రక సమీక్ష