YEARLY HIGH
81.3242 ISK
YEARLY LOW
77.7196 ISK
YEARLY AVERAGE
79.1041 ISK

2014 BGN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 81.3242. Conversely, the yearly low was recorded on October 4, dropping to 77.7196.

This high-to-low spread represents a total annual volatility of 3.6046 ISK. From a start-to-finish perspective, comparing the January average rate of 80.5585 to the December average rate of 78.8444, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 81.3242 was down 8.33% compared to the 2013 peak of 88.7122, 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 406,621 ISK
2013 Average 414,220 ISK
Yearly Trough Low 388,598 ISK
Transaction Impact: A difference of 18,023.11 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

80.7916
77.9942
JanuMarcMayJulySeptNove

BGN to ISK 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 79.5265, compared to 78.6818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8448 points.

H1 Avg (Jan–Jun) 79.5265
H2 Avg (Jul–Dec) 78.6818

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 1.6757 ISK (High: 79.7208 / Low: 78.0452). On the other end, April was the most stable month, with a tight range of 0.3769 ISK (High: 79.4398 / Low: 79.0629).

November Spread (Volatile) ±1.6757
April Spread (Stable) ±0.3769

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 0.8662 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 80.5585) against the same month in 2013 (average: 87.3296), the exchange rate shifted by -6.7711 (-7.75%).

2014 Avg (January) 80.5585
2013 Avg (January) 87.3296

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 81.3242 79.9053 80.5585
February 80.2847 79.3291 79.6922
March 80.2425 79.1534 79.7047
April 79.4398 79.0629 79.2313
May 79.5088 78.5617 79.0140
June 79.1400 78.6251 78.9584
July 79.3237 78.5649 79.0220
August 79.3077 78.4730 78.8873
September 78.7000 77.8754 78.3333
October 78.7259 77.7196 78.2273
November 79.7208 78.0452 78.7763
December 79.2457 78.3948 78.8444