2014 BGN to HNL Historical Review

YEARLY HIGH

14.6455 HNL

YEARLY LOW

13.0468 HNL

YEARLY AVERAGE

13.8429 HNL

2014 BGN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 14.6455. Conversely, the yearly low was recorded on December 31, dropping to 13.0468.

This high-to-low spread represents a total annual volatility of 1.5987 HNL. From a start-to-finish perspective, comparing the January average rate of 13.9593 to the December average rate of 13.2753, the exchange rate registered a net change of -4.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 14.6455 was up 1.67% compared to the 2013 peak of 14.4043, 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 73,227 HNL

2013 Average 68,176 HNL

Yearly Trough Low 65,234 HNL

Transaction Impact: A difference of 7,993.31 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

14.6254

13.1526

JanuMarcMayJulySeptNove

BGN to HNL 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 13.8091, compared to 13.8767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0676 points.

H1 Avg (Jan–Jun) 13.8091

H2 Avg (Jul–Dec) 13.8767

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 1.1246 HNL (High: 14.4050 / Low: 13.2805). On the other end, February was the most stable month, with a tight range of 0.1250 HNL (High: 13.8284 / Low: 13.7034).

May Spread (Volatile) ±1.1246

February Spread (Stable) ±0.1250

Growth Streaks & Declines

Trends

Between May and July, 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 0.3941 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 14.4737) against the same month in 2013 (average: 13.6562), the exchange rate shifted by +0.8175 (+5.99%).

2014 Avg (June) 14.4737

2013 Avg (June) 13.6562

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.2668	13.7571	13.9593
February	13.8284	13.7034	13.7721
March	13.8009	13.4928	13.6566
April	13.5805	13.4527	13.5158
May	14.4050	13.2805	13.4772
June	14.6455	14.3793	14.4737
July	14.6442	14.3123	14.5027
August	14.3898	14.1765	14.2951
September	14.1567	13.6241	13.9010
October	13.8954	13.5378	13.7514
November	13.6313	13.4225	13.5349
December	13.5105	13.0468	13.2753