2014 BGN to SCR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BGN to SCR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BGN to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 9.1692. Conversely, the yearly low was recorded on December 30, dropping to 8.2815.
This high-to-low spread represents a total annual volatility of 0.8876 SCR. From a start-to-finish perspective, comparing the January average rate of 8.4004 to the December average rate of 8.8051, the exchange rate registered a net change of 4.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 9.1692 was up 2.77% compared to the 2013 peak of 8.9220, 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 SCR 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 8.5077, compared to 8.7271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2194 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 0.7747 SCR (High: 9.0563 / Low: 8.2815). On the other end, November was the most stable month, with a tight range of 0.1095 SCR (High: 9.0908 / Low: 8.9813).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2365 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2014: 8.8278) against the same month in 2013 (average: 8.4034), the exchange rate shifted by +0.4245 (+5.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.4950 | 8.3261 | 8.4004 |
| February | 8.5233 | 8.3618 | 8.4637 |
| March | 8.6848 | 8.4371 | 8.5737 |
| April | 8.6877 | 8.3978 | 8.5235 |
| May | 8.7638 | 8.3611 | 8.5610 |
| June | 8.6268 | 8.4339 | 8.5238 |
| July | 8.6352 | 8.4440 | 8.5157 |
| August | 8.7311 | 8.3963 | 8.5576 |
| September | 8.7255 | 8.4893 | 8.6146 |
| October | 9.1692 | 8.4434 | 8.8278 |
| November | 9.0908 | 8.9813 | 9.0416 |
| December | 9.0563 | 8.2815 | 8.8051 |