2015 BGN to ETB Historical Review

YEARLY HIGH

12.5383 ETB

YEARLY LOW

10.9541 ETB

YEARLY AVERAGE

11.7404 ETB

2015 BGN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BGN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 12.5383. Conversely, the yearly low was recorded on March 15, dropping to 10.9541.

This high-to-low spread represents a total annual volatility of 1.5843 ETB. From a start-to-finish perspective, comparing the January average rate of 12.0426 to the December average rate of 11.7654, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 12.5383 was down 9.70% compared to the 2014 peak of 13.8847, 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 62,692 ETB

2014 Average 66,731 ETB

Yearly Trough Low 54,770 ETB

Transaction Impact: A difference of 7,921.38 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

12.1184

11.2098

JanuMarcMayJulySeptNove

BGN to ETB 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 11.6674, compared to 11.8135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1461 points.

H1 Avg (Jan–Jun) 11.6674

H2 Avg (Jul–Dec) 11.8135

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.9865 ETB (High: 12.5383 / Low: 11.5519). On the other end, February was the most stable month, with a tight range of 0.2031 ETB (High: 11.8732 / Low: 11.6701).

January Spread (Volatile) ±0.9865

February Spread (Stable) ±0.2031

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.5051 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 12.0426) against the same month in 2014 (average: 13.3383), the exchange rate shifted by -1.2957 (-9.71%).

2015 Avg (January) 12.0426

2014 Avg (January) 13.3383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.5383	11.5519	12.0426
February	11.8732	11.6701	11.7905
March	11.6483	10.9541	11.2855
April	11.7272	11.0703	11.3088
May	12.0355	11.4696	11.7300
June	12.0091	11.5084	11.8468
July	11.8145	11.4769	11.6698
August	12.2919	11.5762	11.8555
September	12.1769	11.8856	12.0064
October	12.2764	11.7717	12.0330
November	11.8494	11.3876	11.5507
December	11.8935	11.4423	11.7654