2014 BGN to GNF Historical Review

YEARLY HIGH

5054.6911 GNF

YEARLY LOW

4360.9821 GNF

YEARLY AVERAGE

4759.3532 GNF

2014 BGN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 5054.6911. Conversely, the yearly low was recorded on December 31, dropping to 4360.9821.

This high-to-low spread represents a total annual volatility of 693.7090 GNF. From a start-to-finish perspective, comparing the January average rate of 4861.1938 to the December average rate of 4440.2028, the exchange rate registered a net change of -8.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 5054.6911 was up 1.60% compared to the 2013 peak of 4975.3028, 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 25,273,456 GNF

2013 Average 23,822,121 GNF

Yearly Trough Low 21,804,911 GNF

Transaction Impact: A difference of 3,468,545.15 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

5003.3114

4389.0111

JanuMarcMayJulySeptNove

BGN to GNF 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 4897.3700, compared to 4621.3364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 276.0336 points.

H1 Avg (Jan–Jun) 4897.3700

H2 Avg (Jul–Dec) 4621.3364

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 195.3236 GNF (High: 5054.6911 / Low: 4859.3675). On the other end, November was the most stable month, with a tight range of 87.0248 GNF (High: 4529.0404 / Low: 4442.0157).

March Spread (Volatile) ±195.3236

November Spread (Stable) ±87.0248

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 140.1758 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -140.1758

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 4952.1197) against the same month in 2013 (average: 4714.0415), the exchange rate shifted by +238.0782 (+5.05%).

2014 Avg (March) 4952.1197

2013 Avg (March) 4714.0415

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4915.8549	4806.0204	4861.1938
February	4929.7175	4839.2032	4890.0058
March	5054.6911	4859.3675	4952.1197
April	4973.8882	4881.3793	4928.8708
May	4988.6236	4812.0608	4904.7994
June	4896.1431	4783.3340	4847.2304
July	4915.4333	4811.9821	4862.8625
August	4803.9579	4675.1756	4756.5938
September	4677.3702	4545.7585	4616.4179
October	4642.0171	4523.2986	4561.3377
November	4529.0404	4442.0157	4490.6035
December	4516.5002	4360.9821	4440.2028