2014 BGN to RON Historical Review

YEARLY HIGH

2.3241 RON

YEARLY LOW

2.2397 RON

YEARLY AVERAGE

2.2708 RON

2014 BGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 2.3241. Conversely, the yearly low was recorded on June 9, dropping to 2.2397.

This high-to-low spread represents a total annual volatility of 0.0844 RON. From a start-to-finish perspective, comparing the January average rate of 2.3102 to the December average rate of 2.2806, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.3241 was up 0.01% compared to the 2013 peak of 2.3238, 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 11,620 RON

2013 Average 11,287 RON

Yearly Trough Low 11,198 RON

Transaction Impact: A difference of 422.01 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.3168

2.2371

JanuMarcMayJulySeptNove

BGN to RON 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 2.2804, compared to 2.2611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0193 points.

H1 Avg (Jan–Jun) 2.2804

H2 Avg (Jul–Dec) 2.2611

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0377 RON (High: 2.3172 / Low: 2.2796). On the other end, June was the most stable month, with a tight range of 0.0088 RON (High: 2.2485 / Low: 2.2397).

March Spread (Volatile) ±0.0377

June Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0197 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 2.3102) against the same month in 2013 (average: 2.2382), the exchange rate shifted by +0.0719 (+3.21%).

2014 Avg (January) 2.3102

2013 Avg (January) 2.2382

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3241	2.2892	2.3102
February	2.3091	2.2770	2.2941
March	2.3172	2.2796	2.2955
April	2.2844	2.2682	2.2794
May	2.2697	2.2421	2.2597
June	2.2485	2.2397	2.2438
July	2.2778	2.2409	2.2536
August	2.2706	2.2443	2.2606
September	2.2610	2.2464	2.2531
October	2.2635	2.2477	2.2559
November	2.2698	2.2545	2.2628
December	2.2943	2.2631	2.2806