2014 BGN to MDL Historical Review

YEARLY HIGH

9.8901 MDL

YEARLY LOW

9.0033 MDL

YEARLY AVERAGE

9.4966 MDL

2014 BGN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 9.8901. Conversely, the yearly low was recorded on January 8, dropping to 9.0033.

This high-to-low spread represents a total annual volatility of 0.8867 MDL. From a start-to-finish perspective, comparing the January average rate of 9.1721 to the December average rate of 9.7095, the exchange rate registered a net change of 5.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 9.8901 was up 7.39% compared to the 2013 peak of 9.2095, 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 49,450 MDL

2013 Average 42,558 MDL

Yearly Trough Low 45,017 MDL

Transaction Impact: A difference of 4,433.58 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

9.7632

9.1184

JanuMarcMayJulySeptNove

BGN to MDL 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 9.4557, compared to 9.5374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0818 points.

H1 Avg (Jan–Jun) 9.4557

H2 Avg (Jul–Dec) 9.5374

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.3880 MDL (High: 9.8901 / Low: 9.5021). On the other end, September was the most stable month, with a tight range of 0.1659 MDL (High: 9.4844 / Low: 9.3185).

December Spread (Volatile) ±0.3880

September Spread (Stable) ±0.1659

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.2548 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 9.7095) against the same month in 2013 (average: 9.0527), the exchange rate shifted by +0.6568 (+7.25%).

2014 Avg (December) 9.7095

2013 Avg (December) 9.0527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.3345	9.0033	9.1721
February	9.6045	9.2884	9.4169
March	9.6091	9.3639	9.4919
April	9.5481	9.3493	9.4533
May	9.6396	9.4235	9.5282
June	9.7930	9.5598	9.6716
July	9.7916	9.4837	9.6643
August	9.5202	9.3424	9.4095
September	9.4844	9.3185	9.4228
October	9.5627	9.3941	9.4906
November	9.6813	9.3952	9.5280
December	9.8901	9.5021	9.7095