2014 BGN to BZD Historical Review

YEARLY HIGH

1.4314 BZD

YEARLY LOW

1.2401 BZD

YEARLY AVERAGE

1.3569 BZD

2014 BGN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 1.4314. Conversely, the yearly low was recorded on December 31, dropping to 1.2401.

This high-to-low spread represents a total annual volatility of 0.1913 BZD. From a start-to-finish perspective, comparing the January average rate of 1.3877 to the December average rate of 1.2578, the exchange rate registered a net change of -9.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4314 was up 1.59% compared to the 2013 peak of 1.4090, 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 7,157 BZD

2013 Average 6,776 BZD

Yearly Trough Low 6,201 BZD

Transaction Impact: A difference of 956.55 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4374

1.2414

JanuMarcMayJulySeptNove

BGN to BZD 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 1.4001, compared to 1.3138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0863 points.

H1 Avg (Jan–Jun) 1.4001

H2 Avg (Jul–Dec) 1.3138

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0542 BZD (High: 1.3403 / Low: 1.2860). On the other end, November was the most stable month, with a tight range of 0.0153 BZD (High: 1.2803 / Low: 1.2650).

September Spread (Volatile) ±0.0542

November Spread (Stable) ±0.0153

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0437 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0437

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 1.4096) against the same month in 2013 (average: 1.3293), the exchange rate shifted by +0.0803 (+6.04%).

2014 Avg (May) 1.4096

2013 Avg (May) 1.3293

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4008	1.3783	1.3877
February	1.4004	1.3767	1.3885
March	1.4180	1.3948	1.4056
April	1.4286	1.4099	1.4211
May	1.4314	1.3894	1.4096
June	1.3956	1.3801	1.3880
July	1.3960	1.3671	1.3831
August	1.3702	1.3434	1.3595
September	1.3403	1.2860	1.3159
October	1.3053	1.2809	1.2932
November	1.2803	1.2650	1.2731
December	1.2772	1.2401	1.2578