2014 BGN to CVE Historical Review

YEARLY HIGH

56.4253 CVE

YEARLY LOW

55.7213 CVE

YEARLY AVERAGE

56.1031 CVE

2014 BGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 56.4253. Conversely, the yearly low was recorded on November 3, dropping to 55.7213.

This high-to-low spread represents a total annual volatility of 0.7041 CVE. From a start-to-finish perspective, comparing the January average rate of 56.1833 to the December average rate of 56.1738, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 56.4253 was down 1.03% compared to the 2013 peak of 57.0138, 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 282,127 CVE

2013 Average 281,288 CVE

Yearly Trough Low 278,606 CVE

Transaction Impact: A difference of 3,520.30 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

56.1967

56.0356

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 56.0985, compared to 56.1078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 56.0985

H2 Avg (Jul–Dec) 56.1078

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.7041 CVE (High: 56.4253 / Low: 55.7213). On the other end, June was the most stable month, with a tight range of 0.2347 CVE (High: 56.2391 / Low: 56.0044).

November Spread (Volatile) ±0.7041

June Spread (Stable) ±0.2347

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 January and February, when the average rate fell by 0.1269 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 56.1005) against the same month in 2013 (average: 56.1608), the exchange rate shifted by -0.0603 (-0.11%).

2014 Avg (November) 56.1005

2013 Avg (November) 56.1608

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.3800	55.9228	56.1833
February	56.2281	55.9231	56.0565
March	56.3029	55.7588	56.0531
April	56.2571	55.9816	56.1144
May	56.1757	55.9121	56.0762
June	56.2391	56.0044	56.1076
July	56.1416	55.8836	56.0616
August	56.1464	55.8381	56.0490
September	56.3565	55.9720	56.1503
October	56.3241	55.9574	56.1115
November	56.4253	55.7213	56.1005
December	56.3459	55.8814	56.1738