2014 BGN to CNY Historical Review

YEARLY HIGH

4.4217 CNY

YEARLY LOW

3.8428 CNY

YEARLY AVERAGE

4.1819 CNY

2014 BGN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 4.4217. Conversely, the yearly low was recorded on December 31, dropping to 3.8428.

This high-to-low spread represents a total annual volatility of 0.5789 CNY. From a start-to-finish perspective, comparing the January average rate of 4.2242 to the December average rate of 3.8899, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 4.4217 was up 1.54% compared to the 2013 peak of 4.3546, 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 22,109 CNY

2013 Average 20,898 CNY

Yearly Trough Low 19,214 CNY

Transaction Impact: A difference of 2,894.39 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

4.4349

3.8404

JanuMarcMayJulySeptNove

BGN to CNY 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 4.3163, compared to 4.0476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2687 points.

H1 Avg (Jan–Jun) 4.3163

H2 Avg (Jul–Dec) 4.0476

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1644 CNY (High: 4.1281 / Low: 3.9638). On the other end, November was the most stable month, with a tight range of 0.0479 CNY (High: 3.9263 / Low: 3.8783).

September Spread (Volatile) ±0.1644

November Spread (Stable) ±0.0479

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 0.1444 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 4.3677) against the same month in 2013 (average: 4.0807), the exchange rate shifted by +0.2870 (+7.03%).

2014 Avg (May) 4.3677

2013 Avg (May) 4.0807

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.2692	4.1918	4.2242
February	4.3240	4.1848	4.2441
March	4.3983	4.3033	4.3563
April	4.4189	4.3432	4.3853
May	4.4217	4.3280	4.3677
June	4.3460	4.2873	4.3199
July	4.3316	4.2223	4.2865
August	4.2361	4.1275	4.1892
September	4.1281	3.9638	4.0448
October	4.0063	3.9210	3.9686
November	3.9263	3.8783	3.9065
December	3.9464	3.8428	3.8899