2014 BGN to BRL Historical Review

YEARLY HIGH

1.7407 BRL

YEARLY LOW

1.4836 BRL

YEARLY AVERAGE

1.5950 BRL

2014 BGN to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 1.7407. Conversely, the yearly low was recorded on September 6, dropping to 1.4836.

This high-to-low spread represents a total annual volatility of 0.2571 BRL. From a start-to-finish perspective, comparing the January average rate of 1.6553 to the December average rate of 1.6651, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.7407 was up 4.53% compared to the 2013 peak of 1.6653, 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 8,704 BRL

2013 Average 7,332 BRL

Yearly Trough Low 7,418 BRL

Transaction Impact: A difference of 1,285.69 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.6778

1.5250

JanuMarcMayJulySeptNove

BGN to BRL 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 1.6077, compared to 1.5823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0254 points.

H1 Avg (Jan–Jun) 1.6077

H2 Avg (Jul–Dec) 1.5823

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.1246 BRL (High: 1.7407 / Low: 1.6161). On the other end, July was the most stable month, with a tight range of 0.0306 BRL (High: 1.5569 / Low: 1.5263).

December Spread (Volatile) ±0.1246

July Spread (Stable) ±0.0306

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 0.0677 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0677

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.6651) against the same month in 2013 (average: 1.6425), the exchange rate shifted by +0.0225 (+1.37%).

2014 Avg (December) 1.6651

2013 Avg (December) 1.6425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6983	1.6234	1.6553
February	1.6818	1.6278	1.6617
March	1.6765	1.5885	1.6432
April	1.5987	1.5495	1.5755
May	1.5856	1.5443	1.5586
June	1.5847	1.5304	1.5516
July	1.5569	1.5263	1.5390
August	1.5661	1.5030	1.5423
September	1.5864	1.4836	1.5377
October	1.6260	1.5477	1.5860
November	1.6626	1.5827	1.6236
December	1.7407	1.6161	1.6651