2014 BGN to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BGN to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BGN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 31.8886. Conversely, the yearly low was recorded on December 31, dropping to 27.7762.
This high-to-low spread represents a total annual volatility of 4.1124 PHP. From a start-to-finish perspective, comparing the January average rate of 31.2939 to the December average rate of 28.1197, the exchange rate registered a net change of -10.14% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 31.8886 was up 2.00% compared to the 2013 peak of 31.2638, 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 PHP 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 31.1548, compared to 29.1322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0226 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was May, with a trading range of 1.1407 PHP (High: 31.5417 / Low: 30.4010). On the other end, April was the most stable month, with a tight range of 0.2542 PHP (High: 31.6121 / Low: 31.3579).
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 August and September, when the average rate fell by 0.6920 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 31.6310) against the same month in 2013 (average: 26.9846), the exchange rate shifted by +4.6465 (+17.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.7274 | 31.0402 | 31.2939 |
| February | 31.4343 | 31.1300 | 31.2920 |
| March | 31.8886 | 31.4245 | 31.6310 |
| April | 31.6121 | 31.3579 | 31.4747 |
| May | 31.5417 | 30.4010 | 30.8068 |
| June | 30.5539 | 30.2876 | 30.4304 |
| July | 30.4896 | 29.7316 | 30.0954 |
| August | 30.1667 | 29.3194 | 29.7986 |
| September | 29.3525 | 28.7577 | 29.1066 |
| October | 29.3226 | 28.7651 | 29.0193 |
| November | 28.8896 | 28.4449 | 28.6537 |
| December | 28.5760 | 27.7762 | 28.1197 |