2014 BGN to NAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BGN to NAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BGN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 7.8150. Conversely, the yearly low was recorded on November 23, dropping to 6.9306.
This high-to-low spread represents a total annual volatility of 0.8844 NAD. From a start-to-finish perspective, comparing the January average rate of 7.5567 to the December average rate of 7.2374, the exchange rate registered a net change of -4.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 7.8150 was up 5.65% compared to the 2013 peak of 7.3970, 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 NAD 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 7.4939, compared to 7.2252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2687 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 0.4401 NAD (High: 7.4604 / Low: 7.0203). On the other end, June was the most stable month, with a tight range of 0.1342 NAD (High: 7.4749 / Low: 7.3407).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1422 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 7.5567) against the same month in 2013 (average: 5.9572), the exchange rate shifted by +1.5994 (+26.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.8150 | 7.4054 | 7.5567 |
| February | 7.7450 | 7.5064 | 7.6586 |
| March | 7.6853 | 7.4259 | 7.5869 |
| April | 7.5328 | 7.3643 | 7.4447 |
| May | 7.4692 | 7.1866 | 7.3059 |
| June | 7.4749 | 7.3407 | 7.4107 |
| July | 7.4973 | 7.2195 | 7.3790 |
| August | 7.3378 | 7.1534 | 7.2568 |
| September | 7.3140 | 7.0951 | 7.2321 |
| October | 7.2643 | 7.0235 | 7.1796 |
| November | 7.1681 | 6.9306 | 7.0661 |
| December | 7.4604 | 7.0203 | 7.2374 |