2014 BGN to IRR Historical Review

YEARLY HIGH

18115.4707 IRR

YEARLY LOW

16780.7580 IRR

YEARLY AVERAGE

17521.8594 IRR

2014 BGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 18115.4707. Conversely, the yearly low was recorded on December 23, dropping to 16780.7580.

This high-to-low spread represents a total annual volatility of 1334.7126 IRR. From a start-to-finish perspective, comparing the January average rate of 17226.1863 to the December average rate of 16930.4723, the exchange rate registered a net change of -1.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 18115.4707 was up 3.49% compared to the 2013 peak of 17505.2520, 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 90,577,353 IRR

2013 Average 59,665,840 IRR

Yearly Trough Low 83,903,790 IRR

Transaction Impact: A difference of 6,673,563.10 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

18035.0023

16830.0605

JanuMarcMayJulySeptNove

BGN to IRR 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 17622.4475, compared to 17421.2714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 201.1761 points.

H1 Avg (Jan–Jun) 17622.4475

H2 Avg (Jul–Dec) 17421.2714

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 658.6262 IRR (High: 17848.2838 / Low: 17189.6576). On the other end, July was the most stable month, with a tight range of 109.1568 IRR (High: 17928.6261 / Low: 17819.4693).

September Spread (Volatile) ±658.6262

July Spread (Stable) ±109.1568

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 420.6428 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -420.6428

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 17896.3194) against the same month in 2013 (average: 8147.2143), the exchange rate shifted by +9749.1051 (+119.66%).

2014 Avg (May) 17896.3194

2013 Avg (May) 8147.2143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17429.8849	17067.3797	17226.1863
February	17509.5240	17120.1730	17328.0189
March	17776.5113	17480.2263	17652.2243
April	18049.0749	17695.2969	17863.6651
May	18115.4707	17746.2918	17896.3194
June	17892.0250	17680.0455	17768.2709
July	17928.6261	17819.4693	17871.2355
August	18033.1634	17777.8825	17934.5905
September	17848.2838	17189.6576	17513.9477
October	17414.9142	17054.3896	17252.4878
November	17123.4881	16911.5848	17024.8945
December	17166.1543	16780.7580	16930.4723