2014 BGN to NIO Historical Review

YEARLY HIGH

18.3162 NIO

YEARLY LOW

16.4597 NIO

YEARLY AVERAGE

17.6268 NIO

2014 BGN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 18.3162. Conversely, the yearly low was recorded on December 31, dropping to 16.4597.

This high-to-low spread represents a total annual volatility of 1.8565 NIO. From a start-to-finish perspective, comparing the January average rate of 17.6842 to the December average rate of 16.6822, the exchange rate registered a net change of -5.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 18.3162 was up 2.11% compared to the 2013 peak of 17.9384, 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 91,581 NIO

2013 Average 83,753 NIO

Yearly Trough Low 82,299 NIO

Transaction Impact: A difference of 9,282.26 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

18.3026

16.5349

JanuMarcMayJulySeptNove

BGN to NIO 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 17.9593, compared to 17.2943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6650 points.

H1 Avg (Jan–Jun) 17.9593

H2 Avg (Jul–Dec) 17.2943

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.6700 NIO (High: 17.5761 / Low: 16.9061). On the other end, November was the most stable month, with a tight range of 0.2232 NIO (High: 17.0430 / Low: 16.8198).

September Spread (Volatile) ±0.6700

November Spread (Stable) ±0.2232

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4855 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4855

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 18.0900) against the same month in 2013 (average: 16.2338), the exchange rate shifted by +1.8562 (+11.43%).

2014 Avg (May) 18.0900

2013 Avg (May) 16.2338

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.8913	17.5454	17.6842
February	17.9253	17.5464	17.7712
March	18.2171	17.8659	18.0510
April	18.2506	17.9856	18.1553
May	18.3162	17.9111	18.0900
June	18.1523	17.8799	18.0043
July	18.1590	17.8018	18.0031
August	17.8495	17.5815	17.7502
September	17.5761	16.9061	17.2647
October	17.3611	16.7523	17.1350
November	17.0430	16.8198	16.9307
December	16.9406	16.4597	16.6822