2014 BGN to TWD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BGN to TWD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BGN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 21.6376. Conversely, the yearly low was recorded on November 7, dropping to 19.4498.
This high-to-low spread represents a total annual volatility of 2.1878 TWD. From a start-to-finish perspective, comparing the January average rate of 20.9898 to the December average rate of 19.7761, the exchange rate registered a net change of -5.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 21.6376 was up 2.26% compared to the 2013 peak of 21.1589, 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 TWD 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 21.1588, compared to 20.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1486 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was May, with a trading range of 0.5426 TWD (High: 21.4214 / Low: 20.8789). On the other end, June was the most stable month, with a tight range of 0.1910 TWD (High: 20.9385 / Low: 20.7475).
Growth Streaks & Declines
TrendsBetween January and March, 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 0.5671 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 21.4832) against the same month in 2013 (average: 19.7127), the exchange rate shifted by +1.7705 (+8.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.2008 | 20.8526 | 20.9898 |
| February | 21.3455 | 20.9413 | 21.1573 |
| March | 21.6376 | 21.2760 | 21.4832 |
| April | 21.4268 | 21.1785 | 21.3256 |
| May | 21.4214 | 20.8789 | 21.1516 |
| June | 20.9385 | 20.7475 | 20.8455 |
| July | 20.8978 | 20.5375 | 20.7441 |
| August | 20.5923 | 20.1039 | 20.4140 |
| September | 20.0947 | 19.6297 | 19.8468 |
| October | 19.8664 | 19.5345 | 19.6909 |
| November | 19.8216 | 19.4498 | 19.5897 |
| December | 20.0824 | 19.6192 | 19.7761 |