2014 BGN to MVR Historical Review

YEARLY HIGH

10.9500 MVR

YEARLY LOW

9.4972 MVR

YEARLY AVERAGE

10.4489 MVR

2014 BGN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 10.9500. Conversely, the yearly low was recorded on December 31, dropping to 9.4972.

This high-to-low spread represents a total annual volatility of 1.4528 MVR. From a start-to-finish perspective, comparing the January average rate of 10.7153 to the December average rate of 9.6214, the exchange rate registered a net change of -10.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.9500 was up 1.00% compared to the 2013 peak of 10.8416, 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 54,750 MVR

2013 Average 52,194 MVR

Yearly Trough Low 47,486 MVR

Transaction Impact: A difference of 7,263.77 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

11.0071

9.4954

JanuMarcMayJulySeptNove

BGN to MVR 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 10.7920, compared to 10.1058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6862 points.

H1 Avg (Jan–Jun) 10.7920

H2 Avg (Jul–Dec) 10.1058

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.3950 MVR (High: 10.3377 / Low: 9.9427). On the other end, June was the most stable month, with a tight range of 0.1344 MVR (High: 10.8032 / Low: 10.6688).

September Spread (Volatile) ±0.3950

June Spread (Stable) ±0.1344

Growth Streaks & Declines

Trends

Between 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 0.3355 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 10.8811) against the same month in 2013 (average: 10.2048), the exchange rate shifted by +0.6763 (+6.63%).

2014 Avg (March) 10.8811

2013 Avg (March) 10.2048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8249	10.6257	10.7153
February	10.8539	10.6378	10.7456
March	10.9500	10.8141	10.8811
April	10.9096	10.7697	10.8689
May	10.9457	10.7374	10.8144
June	10.8032	10.6688	10.7267
July	10.7773	10.5406	10.6610
August	10.5775	10.3147	10.4712
September	10.3377	9.9427	10.1357
October	10.0589	9.8556	9.9743
November	9.8785	9.6748	9.7712
December	9.7662	9.4972	9.6214