2014 BGN to FJD Historical Review

YEARLY HIGH

1.3304 FJD

YEARLY LOW

1.2271 FJD

YEARLY AVERAGE

1.2754 FJD

2014 BGN to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 1.3304. Conversely, the yearly low was recorded on September 6, dropping to 1.2271.

This high-to-low spread represents a total annual volatility of 0.1033 FJD. From a start-to-finish perspective, comparing the January average rate of 1.3117 to the December average rate of 1.2460, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3304 was up 0.21% compared to the 2013 peak of 1.3277, 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 6,652 FJD

2013 Average 6,215 FJD

Yearly Trough Low 6,136 FJD

Transaction Impact: A difference of 516.69 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3219

1.2328

JanuMarcMayJulySeptNove

BGN to FJD 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 1.2991, compared to 1.2518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0473 points.

H1 Avg (Jan–Jun) 1.2991

H2 Avg (Jul–Dec) 1.2518

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0401 FJD (High: 1.3304 / Low: 1.2904). On the other end, April was the most stable month, with a tight range of 0.0140 FJD (High: 1.3046 / Low: 1.2905).

March Spread (Volatile) ±0.0401

April Spread (Stable) ±0.0140

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 August and September, when the average rate fell by 0.0196 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.3145) against the same month in 2013 (average: 1.1813), the exchange rate shifted by +0.1332 (+11.28%).

2014 Avg (March) 1.3145

2013 Avg (March) 1.1813

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3245	1.3001	1.3117
February	1.3199	1.2974	1.3094
March	1.3304	1.2904	1.3145
April	1.3046	1.2905	1.2964
May	1.3023	1.2798	1.2876
June	1.2855	1.2617	1.2749
July	1.2801	1.2613	1.2710
August	1.2719	1.2447	1.2628
September	1.2532	1.2271	1.2432
October	1.2612	1.2364	1.2477
November	1.2465	1.2281	1.2402
December	1.2627	1.2309	1.2460