2014 BGN to NGN Historical Review

YEARLY HIGH

117.0591 NGN

YEARLY LOW

105.0249 NGN

YEARLY AVERAGE

112.0039 NGN

2014 BGN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 117.0591. Conversely, the yearly low was recorded on October 4, dropping to 105.0249.

This high-to-low spread represents a total annual volatility of 12.0342 NGN. From a start-to-finish perspective, comparing the January average rate of 111.4298 to the December average rate of 114.5550, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 117.0591 was up 3.13% compared to the 2013 peak of 113.5095, 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 585,296 NGN

2013 Average 540,432 NGN

Yearly Trough Low 525,124 NGN

Transaction Impact: A difference of 60,171.20 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

117.3493

105.6865

JanuMarcMayJulySeptNove

BGN to NGN 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 113.8925, compared to 110.1152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7773 points.

H1 Avg (Jan–Jun) 113.8925

H2 Avg (Jul–Dec) 110.1152

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 8.1394 NGN (High: 113.6643 / Low: 105.5248). On the other end, June was the most stable month, with a tight range of 1.2523 NGN (High: 114.1043 / Low: 112.8520).

November Spread (Volatile) ±8.1394

June Spread (Stable) ±1.2523

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 2.8018 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.8018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 116.3774) against the same month in 2013 (average: 104.9015), the exchange rate shifted by +11.4759 (+10.94%).

2014 Avg (March) 116.3774

2013 Avg (March) 104.9015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	113.4999	110.3514	111.4298
February	116.4819	112.2230	114.2986
March	117.0591	115.1424	116.3774
April	116.1202	113.6069	114.4570
May	114.6852	112.6971	113.4848
June	114.1043	112.8520	113.3074
July	113.8579	110.7506	112.3018
August	111.4327	109.0853	110.2719
September	109.0737	105.6876	107.4700
October	107.9835	105.0249	106.6584
November	113.6643	105.5248	109.4341
December	116.4411	113.4193	114.5550