2014 BGN to BAM Historical Review

YEARLY HIGH

1.0029 BAM

YEARLY LOW

0.9978 BAM

YEARLY AVERAGE

0.9999 BAM

2014 BGN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 1.0029. Conversely, the yearly low was recorded on February 6, dropping to 0.9978.

This high-to-low spread represents a total annual volatility of 0.0051 BAM. From a start-to-finish perspective, comparing the January average rate of 0.9997 to the December average rate of 1.0004, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0029 was down 0.19% compared to the 2013 peak of 1.0048, 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 5,015 BAM

2013 Average 5,000 BAM

Yearly Trough Low 4,989 BAM

Transaction Impact: A difference of 25.47 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0005

0.9995

JanuMarcMayJulySeptNove

BGN to BAM 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 0.9998, compared to 1.0000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.9998

H2 Avg (Jul–Dec) 1.0000

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0042 BAM (High: 1.0021 / Low: 0.9978). On the other end, July was the most stable month, with a tight range of 0.0015 BAM (High: 1.0006 / Low: 0.9991).

February Spread (Volatile) ±0.0042

July Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and October, 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 April and May, 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: 1.0004) against the same month in 2013 (average: 0.9996), the exchange rate shifted by +0.0008 (+0.08%).

2014 Avg (December) 1.0004

2013 Avg (December) 0.9996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0007	0.9982	0.9997
February	1.0021	0.9978	0.9996
March	1.0018	0.9986	0.9999
April	1.0017	0.9986	1.0000
May	1.0011	0.9990	0.9998
June	1.0003	0.9986	0.9997
July	1.0006	0.9991	0.9998
August	1.0008	0.9992	0.9999
September	1.0012	0.9989	0.9999
October	1.0012	0.9989	1.0000
November	1.0017	0.9982	0.9999
December	1.0029	0.9991	1.0004