2015 BGN to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 BGN to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the BGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 56.9239. Conversely, the yearly low was recorded on May 3, dropping to 55.6680.
This high-to-low spread represents a total annual volatility of 1.2559 CVE. From a start-to-finish perspective, comparing the January average rate of 56.2496 to the December average rate of 56.3497, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 56.9239 was up 0.88% compared to the 2014 peak of 56.4253, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 56.2887, compared to 56.3756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0870 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was April, with a trading range of 0.9884 CVE (High: 56.7565 / Low: 55.7681). On the other end, November was the most stable month, with a tight range of 0.2513 CVE (High: 56.5209 / Low: 56.2696).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0499 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2015: 56.4050) against the same month in 2014 (average: 56.1076), the exchange rate shifted by +0.2974 (+0.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 56.5203 | 55.7133 | 56.2496 |
| February | 56.4977 | 56.0531 | 56.2872 |
| March | 56.6549 | 56.0485 | 56.2374 |
| April | 56.7565 | 55.7681 | 56.2972 |
| May | 56.4857 | 55.6680 | 56.2557 |
| June | 56.9239 | 56.2056 | 56.4050 |
| July | 56.5325 | 56.2494 | 56.3873 |
| August | 56.5791 | 56.1253 | 56.3657 |
| September | 56.5252 | 56.2328 | 56.3846 |
| October | 56.6512 | 56.2755 | 56.3878 |
| November | 56.5209 | 56.2696 | 56.3788 |
| December | 56.4696 | 56.0537 | 56.3497 |