2013 BGN to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 BGN to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the BGN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 4.4379. Conversely, the yearly low was recorded on March 21, dropping to 2.8304.
This high-to-low spread represents a total annual volatility of 1.6075 VEF. From a start-to-finish perspective, comparing the January average rate of 2.9180 to the December average rate of 4.4039, the exchange rate registered a net change of 50.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 4.4379 was up 50.67% compared to the 2012 peak of 2.9455, 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 2013.
BGN to VEF 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 3.5981, compared to 4.3182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7201 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was March, with a trading range of 1.3211 VEF (High: 4.1515 / Low: 2.8304). On the other end, August was the most stable month, with a tight range of 0.0545 VEF (High: 4.3066 / Low: 4.2521).
Growth Streaks & Declines
TrendsBetween January and April, 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 October and November, when the average rate fell by 0.0475 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2013: 4.3857) against the same month in 2012 (average: 2.8470), the exchange rate shifted by +1.5387 (+54.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.9752 | 2.8673 | 2.9180 |
| February | 2.9935 | 2.8728 | 2.9324 |
| March | 4.1515 | 2.8304 | 3.1403 |
| April | 4.2232 | 4.1185 | 4.1870 |
| May | 4.2234 | 4.1302 | 4.1727 |
| June | 4.3010 | 4.1792 | 4.2381 |
| July | 4.2711 | 4.1244 | 4.2060 |
| August | 4.3066 | 4.2521 | 4.2818 |
| September | 4.3481 | 4.2249 | 4.2937 |
| October | 4.4379 | 4.3485 | 4.3857 |
| November | 4.3733 | 4.2952 | 4.3382 |
| December | 4.4304 | 4.3550 | 4.4039 |