2014 BGN to SGD Historical Review

YEARLY HIGH

0.9005 SGD

YEARLY LOW

0.8195 SGD

YEARLY AVERAGE

0.8600 SGD

2014 BGN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.9005. Conversely, the yearly low was recorded on November 9, dropping to 0.8195.

This high-to-low spread represents a total annual volatility of 0.0810 SGD. From a start-to-finish perspective, comparing the January average rate of 0.8854 to the December average rate of 0.8285, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9005 was up 0.87% compared to the 2013 peak of 0.8927, 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 4,502 SGD

2013 Average 4,246 SGD

Yearly Trough Low 4,097 SGD

Transaction Impact: A difference of 404.99 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9021

0.8188

JanuMarcMayJulySeptNove

BGN to SGD 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 0.8829, compared to 0.8371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0458 points.

H1 Avg (Jan–Jun) 0.8829

H2 Avg (Jul–Dec) 0.8371

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0196 SGD (High: 0.8714 / Low: 0.8518). On the other end, April was the most stable month, with a tight range of 0.0078 SGD (High: 0.8892 / Low: 0.8813).

July Spread (Volatile) ±0.0196

April Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0174 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.8952) against the same month in 2013 (average: 0.8253), the exchange rate shifted by +0.0699 (+8.47%).

2014 Avg (March) 0.8952

2013 Avg (March) 0.8253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8943	0.8806	0.8854
February	0.8922	0.8764	0.8835
March	0.9005	0.8846	0.8952
April	0.8892	0.8813	0.8854
May	0.8884	0.8722	0.8784
June	0.8748	0.8639	0.8693
July	0.8714	0.8518	0.8603
August	0.8573	0.8388	0.8497
September	0.8406	0.8233	0.8323
October	0.8326	0.8205	0.8258
November	0.8354	0.8195	0.8258
December	0.8364	0.8219	0.8285