2014 BGN to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BGN to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BGN to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 129.9174. Conversely, the yearly low was recorded on January 8, dropping to 107.3274.
This high-to-low spread represents a total annual volatility of 22.5900 KZT. From a start-to-finish perspective, comparing the January average rate of 107.8563 to the December average rate of 114.7552, the exchange rate registered a net change of 6.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 129.9174 was up 19.31% compared to the 2013 peak of 108.8891, 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 KZT 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 122.8807, compared to 119.7606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1202 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 22.4835 KZT (High: 129.9174 / Low: 107.4339). On the other end, June was the most stable month, with a tight range of 1.2427 KZT (High: 128.1438 / Low: 126.9010).
Growth Streaks & Declines
TrendsBetween 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 4.0158 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2014: 116.4143) against the same month in 2013 (average: 102.8384), the exchange rate shifted by +13.5759 (+13.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 108.7306 | 107.3274 | 107.8563 |
| February | 129.9174 | 107.4339 | 116.4143 |
| March | 129.9069 | 127.8440 | 128.9025 |
| April | 129.1333 | 127.4640 | 128.5171 |
| May | 129.4519 | 127.3592 | 128.0861 |
| June | 128.1438 | 126.9010 | 127.5080 |
| July | 128.2296 | 125.4662 | 127.0397 |
| August | 125.1839 | 122.4709 | 123.9396 |
| September | 122.3181 | 117.3353 | 119.9238 |
| October | 118.6700 | 116.3143 | 117.5443 |
| November | 116.0334 | 114.6498 | 115.3607 |
| December | 117.1690 | 113.4422 | 114.7552 |