2014 BGN to WST Historical Review

YEARLY HIGH

1.6539 WST

YEARLY LOW

1.4930 WST

YEARLY AVERAGE

1.5841 WST

2014 BGN to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BGN to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 1.6539. Conversely, the yearly low was recorded on December 31, dropping to 1.4930.

This high-to-low spread represents a total annual volatility of 0.1609 WST. From a start-to-finish perspective, comparing the January average rate of 1.6221 to the December average rate of 1.5117, the exchange rate registered a net change of -6.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.6539 was up 0.88% compared to the 2013 peak of 1.6395, 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 8,269 WST

2013 Average 7,849 WST

Yearly Trough Low 7,465 WST

Transaction Impact: A difference of 804.46 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.6532

1.4988

JanuMarcMayJulySeptNove

BGN to WST 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 1.6200, compared to 1.5482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0718 points.

H1 Avg (Jan–Jun) 1.6200

H2 Avg (Jul–Dec) 1.5482

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0440 WST (High: 1.6297 / Low: 1.5857). On the other end, April was the most stable month, with a tight range of 0.0193 WST (High: 1.6336 / Low: 1.6143).

May Spread (Volatile) ±0.0440

April Spread (Stable) ±0.0193

Growth Streaks & Declines

Trends

Between 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 0.0285 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.6403) against the same month in 2013 (average: 1.5221), the exchange rate shifted by +0.1182 (+7.77%).

2014 Avg (March) 1.6403

2013 Avg (March) 1.5221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6368	1.6093	1.6221
February	1.6451	1.6151	1.6307
March	1.6539	1.6172	1.6403
April	1.6336	1.6143	1.6216
May	1.6297	1.5857	1.6056
June	1.6142	1.5895	1.5996
July	1.6012	1.5776	1.5892
August	1.5877	1.5513	1.5730
September	1.5583	1.5280	1.5445
October	1.5617	1.5201	1.5410
November	1.5539	1.5156	1.5301
December	1.5355	1.4930	1.5117