2014 BGN to AFN Historical Review

YEARLY HIGH

40.5418 AFN

YEARLY LOW

36.1261 AFN

YEARLY AVERAGE

38.6919 AFN

2014 BGN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 40.5418. Conversely, the yearly low was recorded on December 27, dropping to 36.1261.

This high-to-low spread represents a total annual volatility of 4.4157 AFN. From a start-to-finish perspective, comparing the January average rate of 39.1564 to the December average rate of 36.5043, the exchange rate registered a net change of -6.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 40.5418 was down 1.05% compared to the 2013 peak of 40.9733, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202,709 AFN

2013 Average 185,904 AFN

Yearly Trough Low 180,630 AFN

Transaction Impact: A difference of 22,078.62 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

40.5973

36.1323

JanuMarcMayJulySeptNove

BGN to AFN 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 39.8054, compared to 37.5784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2270 points.

H1 Avg (Jan–Jun) 39.8054

H2 Avg (Jul–Dec) 37.5784

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 1.6193 AFN (High: 40.1467 / Low: 38.5274). On the other end, March was the most stable month, with a tight range of 0.5358 AFN (High: 40.5418 / Low: 40.0060).

July Spread (Volatile) ±1.6193

March Spread (Stable) ±0.5358

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 1.0542 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 40.2252) against the same month in 2013 (average: 35.1547), the exchange rate shifted by +5.0705 (+14.42%).

2014 Avg (March) 40.2252

2013 Avg (March) 35.1547

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.0294	38.7787	39.1564
February	40.1102	38.9062	39.5711
March	40.5418	40.0060	40.2252
April	40.4272	39.6622	40.0920
May	40.4710	39.5189	39.8920
June	40.2205	39.6533	39.8956
July	40.1467	38.5274	39.3700
August	38.9799	37.8436	38.3158
September	37.8019	36.7629	37.3928
October	37.6951	36.5742	37.1059
November	37.1500	36.5077	36.7815
December	37.1129	36.1261	36.5043