2014 BGN to DJF Historical Review

YEARLY HIGH

127.2261 DJF

YEARLY LOW

110.6486 DJF

YEARLY AVERAGE

121.1845 DJF

2014 BGN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 127.2261. Conversely, the yearly low was recorded on December 28, dropping to 110.6486.

This high-to-low spread represents a total annual volatility of 16.5775 DJF. From a start-to-finish perspective, comparing the January average rate of 123.8970 to the December average rate of 112.2618, the exchange rate registered a net change of -9.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 127.2261 was up 1.20% compared to the 2013 peak of 125.7184, 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 636,130 DJF

2013 Average 602,407 DJF

Yearly Trough Low 553,243 DJF

Transaction Impact: A difference of 82,887.34 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

127.4079

110.8849

JanuMarcMayJulySeptNove

BGN to DJF 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 124.9234, compared to 117.4457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.4777 points.

H1 Avg (Jan–Jun) 124.9234

H2 Avg (Jul–Dec) 117.4457

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 4.9245 DJF (High: 120.2523 / Low: 115.3279). On the other end, June was the most stable month, with a tight range of 1.5025 DJF (High: 124.8381 / Low: 123.3356).

September Spread (Volatile) ±4.9245

June Spread (Stable) ±1.5025

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 4.0453 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.0453

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 125.4651) against the same month in 2013 (average: 117.6844), the exchange rate shifted by +7.7807 (+6.61%).

2014 Avg (May) 125.4651

2013 Avg (May) 117.6844

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	125.3178	122.8223	123.8970
February	125.1457	122.7176	124.2056
March	127.0293	124.5686	125.7576
April	127.0386	124.1233	126.0310
May	127.2261	124.0774	125.4651
June	124.8381	123.3356	124.1840
July	125.1898	122.2643	123.6963
August	122.9774	119.8803	121.6784
September	120.2523	115.3279	117.6331
October	116.6950	114.1200	115.6129
November	114.7960	113.0560	113.7917
December	114.0964	110.6486	112.2618