2014 BGN to BTN Historical Review

YEARLY HIGH

44.0452 BTN

YEARLY LOW

38.9514 BTN

YEARLY AVERAGE

41.4200 BTN

2014 BGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 44.0452. Conversely, the yearly low was recorded on December 8, dropping to 38.9514.

This high-to-low spread represents a total annual volatility of 5.0938 BTN. From a start-to-finish perspective, comparing the January average rate of 43.2005 to the December average rate of 39.5034, the exchange rate registered a net change of -8.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 44.0452 was down 4.67% compared to the 2013 peak of 46.2041, 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 220,226 BTN

2013 Average 198,837 BTN

Yearly Trough Low 194,757 BTN

Transaction Impact: A difference of 25,468.98 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

43.8173

38.9117

JanuMarcMayJulySeptNove

BGN to BTN 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 42.5710, compared to 40.2690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3020 points.

H1 Avg (Jan–Jun) 42.5710

H2 Avg (Jul–Dec) 40.2690

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 2.0350 BTN (High: 42.7150 / Low: 40.6800). On the other end, February was the most stable month, with a tight range of 0.4715 BTN (High: 43.6491 / Low: 43.1776).

May Spread (Volatile) ±2.0350

February Spread (Stable) ±0.4715

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.3431 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.3431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 43.2005) against the same month in 2013 (average: 36.8979), the exchange rate shifted by +6.3026 (+17.08%).

2014 Avg (January) 43.2005

2013 Avg (January) 36.8979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.0452	42.5644	43.2005
February	43.6491	43.1776	43.4085
March	43.6384	42.0256	43.0775
April	43.1339	42.0951	42.5806
May	42.7150	40.6800	41.6572
June	42.0198	41.0120	41.5019
July	41.9842	41.1537	41.5606
August	41.9420	40.6983	41.4128
September	40.6653	39.6497	40.0698
October	40.2722	39.3406	39.7470
November	39.6938	39.0197	39.3205
December	40.4954	38.9514	39.5034