2013 BGN to CVE Historical Review

YEARLY HIGH

57.0138 CVE

YEARLY LOW

55.3958 CVE

YEARLY AVERAGE

56.2579 CVE

2013 BGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 57.0138. Conversely, the yearly low was recorded on May 15, dropping to 55.3958.

This high-to-low spread represents a total annual volatility of 1.6180 CVE. From a start-to-finish perspective, comparing the January average rate of 56.3837 to the December average rate of 56.1978, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 57.0138 was down 0.15% compared to the 2012 peak of 57.0991, 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 285,069 CVE

2012 Average 282,205 CVE

Yearly Trough Low 276,979 CVE

Transaction Impact: A difference of 8,090.10 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

56.4730

55.8551

JanuMarcMayJulySeptNove

BGN to CVE 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 56.3659, compared to 56.1499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2160 points.

H1 Avg (Jan–Jun) 56.3659

H2 Avg (Jul–Dec) 56.1499

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 1.1971 CVE (High: 56.6047 / Low: 55.4076). On the other end, September was the most stable month, with a tight range of 0.3077 CVE (High: 56.0479 / Low: 55.7402).

June Spread (Volatile) ±1.1971

September Spread (Stable) ±0.3077

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 August and September, when the average rate fell by 0.2916 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2916

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 56.3837) against the same month in 2012 (average: 56.3835), the exchange rate shifted by +0.0002 (+0.00%).

2013 Avg (January) 56.3837

2012 Avg (January) 56.3835

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.0138	55.8492	56.3837
February	56.7556	55.9186	56.3523
March	56.5680	55.4474	56.3704
April	56.6784	55.8528	56.4215
May	56.5913	55.3958	56.3116
June	56.6047	55.4076	56.3561
July	56.6081	55.8691	56.3669
August	56.7691	55.8109	56.1982
September	56.0479	55.7402	55.9066
October	56.2754	55.8939	56.0694
November	56.4920	55.7768	56.1608
December	56.3998	55.9731	56.1978