2014 BGN to STD Historical Review

YEARLY HIGH

12627.6383 STD

YEARLY LOW

12384.9768 STD

YEARLY AVERAGE

12522.0363 STD

2014 BGN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 12627.6383. Conversely, the yearly low was recorded on February 25, dropping to 12384.9768.

This high-to-low spread represents a total annual volatility of 242.6614 STD. From a start-to-finish perspective, comparing the January average rate of 12530.1148 to the December average rate of 12527.1701, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 12627.6383 was down 0.35% compared to the 2013 peak of 12672.4544, 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 63,138,191 STD

2013 Average 62,672,095 STD

Yearly Trough Low 61,924,884 STD

Transaction Impact: A difference of 1,213,307.17 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12532.6945

12501.7382

JanuMarcMayJulySeptNove

BGN to STD 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 12526.2934, compared to 12517.7792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.5142 points.

H1 Avg (Jan–Jun) 12526.2934

H2 Avg (Jul–Dec) 12517.7792

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 192.7763 STD (High: 12577.7532 / Low: 12384.9768). On the other end, August was the most stable month, with a tight range of 54.2383 STD (High: 12537.6076 / Low: 12483.3692).

February Spread (Volatile) ±192.7763

August Spread (Stable) ±54.2383

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 19.8975 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -19.8975

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 12527.1701) against the same month in 2013 (average: 12544.7938), the exchange rate shifted by -17.6236 (-0.14%).

2014 Avg (December) 12527.1701

2013 Avg (December) 12544.7938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12604.7460	12471.6719	12530.1148
February	12577.7532	12384.9768	12525.7383
March	12595.7638	12490.8854	12522.7059
April	12559.3949	12490.2228	12529.0282
May	12574.7093	12452.0758	12525.9577
June	12545.9175	12489.1217	12524.2154
July	12570.4273	12425.8938	12504.3179
August	12537.6076	12483.3692	12519.4220
September	12543.9846	12429.0168	12505.7282
October	12583.2834	12487.6382	12522.0088
November	12582.4862	12473.9577	12528.0282
December	12627.6383	12461.0267	12527.1701