2014 BGN to MGA Historical Review

YEARLY HIGH

1772.5866 MGA

YEARLY LOW

1561.7781 MGA

YEARLY AVERAGE

1674.8769 MGA

2014 BGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 1772.5866. Conversely, the yearly low was recorded on January 4, dropping to 1561.7781.

This high-to-low spread represents a total annual volatility of 210.8085 MGA. From a start-to-finish perspective, comparing the January average rate of 1577.5144 to the December average rate of 1636.4055, the exchange rate registered a net change of 3.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1772.5866 was up 11.44% compared to the 2013 peak of 1590.6434, 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 8,862,933 MGA

2013 Average 7,512,713 MGA

Yearly Trough Low 7,808,891 MGA

Transaction Impact: A difference of 1,054,042.49 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1764.6605

1560.5011

JanuMarcMayJulySeptNove

BGN to MGA 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 1643.0274, compared to 1706.7263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 63.6989 points.

H1 Avg (Jan–Jun) 1643.0274

H2 Avg (Jul–Dec) 1706.7263

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 92.9841 MGA (High: 1696.1289 / Low: 1603.1448). On the other end, January was the most stable month, with a tight range of 30.2283 MGA (High: 1592.0065 / Low: 1561.7781).

December Spread (Volatile) ±92.9841

January Spread (Stable) ±30.2283

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 90.7323 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -90.7323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 1747.6473) against the same month in 2013 (average: 1551.7074), the exchange rate shifted by +195.9398 (+12.63%).

2014 Avg (October) 1747.6473

2013 Avg (October) 1551.7074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1592.0065	1561.7781	1577.5144
February	1649.9782	1586.0886	1620.7219
March	1672.9591	1639.7766	1657.4075
April	1684.0133	1644.2969	1664.1154
May	1692.9373	1643.6744	1667.6612
June	1691.7006	1646.3896	1670.7443
July	1723.9518	1685.6831	1700.5075
August	1734.3017	1689.0595	1716.1187
September	1727.1139	1682.4946	1712.5411
October	1772.5866	1709.9986	1747.6473
November	1749.5575	1707.2363	1727.1378
December	1696.1289	1603.1448	1636.4055