2014 BGN to GTQ Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BGN to GTQ Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BGN to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 5.5212. Conversely, the yearly low was recorded on December 31, dropping to 4.7169.
This high-to-low spread represents a total annual volatility of 0.8043 GTQ. From a start-to-finish perspective, comparing the January average rate of 5.4611 to the December average rate of 4.8010, the exchange rate registered a net change of -12.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 5.5212 was down 1.83% compared to the 2013 peak of 5.6241, 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 2014.
BGN to GTQ 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 5.4436, compared to 5.0655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3781 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 0.2620 GTQ (High: 5.2190 / Low: 4.9570). On the other end, June was the most stable month, with a tight range of 0.0484 GTQ (High: 5.4526 / Low: 5.4041).
Growth Streaks & Declines
TrendsBetween February and April, 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 0.2207 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 5.4611) against the same month in 2013 (average: 5.3566), the exchange rate shifted by +0.1045 (+1.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.5212 | 5.4047 | 5.4611 |
| February | 5.4547 | 5.3823 | 5.4183 |
| March | 5.4941 | 5.4273 | 5.4603 |
| April | 5.5082 | 5.4335 | 5.4719 |
| May | 5.4857 | 5.3966 | 5.4258 |
| June | 5.4526 | 5.4041 | 5.4240 |
| July | 5.4358 | 5.3426 | 5.3779 |
| August | 5.3597 | 5.2206 | 5.3148 |
| September | 5.2190 | 4.9570 | 5.0941 |
| October | 4.9879 | 4.8869 | 4.9524 |
| November | 4.8823 | 4.8198 | 4.8525 |
| December | 4.8774 | 4.7169 | 4.8010 |