2014 BGN to NZD Historical Review

YEARLY HIGH

0.8579 NZD

YEARLY LOW

0.7881 NZD

YEARLY AVERAGE

0.8179 NZD

2014 BGN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8579. Conversely, the yearly low was recorded on July 13, dropping to 0.7881.

This high-to-low spread represents a total annual volatility of 0.0698 NZD. From a start-to-finish perspective, comparing the January average rate of 0.8418 to the December average rate of 0.8110, the exchange rate registered a net change of -3.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8579 was down 2.22% compared to the 2013 peak of 0.8774, 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 4,290 NZD

2013 Average 4,140 NZD

Yearly Trough Low 3,941 NZD

Transaction Impact: A difference of 348.81 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8465

0.7922

JanuMarcMayJulySeptNove

BGN to NZD 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 0.8255, compared to 0.8103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.8255

H2 Avg (Jul–Dec) 0.8103

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0399 NZD (High: 0.8343 / Low: 0.7944). On the other end, August was the most stable month, with a tight range of 0.0071 NZD (High: 0.8107 / Low: 0.8036).

September Spread (Volatile) ±0.0399

August Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0134 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.8418) against the same month in 2013 (average: 0.8119), the exchange rate shifted by +0.0299 (+3.68%).

2014 Avg (January) 0.8418

2013 Avg (January) 0.8119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8579	0.8310	0.8418
February	0.8541	0.8352	0.8420
March	0.8419	0.8108	0.8286
April	0.8285	0.8101	0.8196
May	0.8219	0.8092	0.8157
June	0.8257	0.7918	0.8051
July	0.8070	0.7881	0.7968
August	0.8107	0.8036	0.8068
September	0.8343	0.7944	0.8099
October	0.8290	0.8174	0.8239
November	0.8270	0.8027	0.8137
December	0.8233	0.7943	0.8110