2014 DJF to BGN Historical Review

YEARLY HIGH

0.0090 BGN

YEARLY LOW

0.0079 BGN

YEARLY AVERAGE

0.0083 BGN

2014 DJF to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DJF to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0090. Conversely, the yearly low was recorded on May 6, dropping to 0.0079.

This high-to-low spread represents a total annual volatility of 0.0012 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0081 to the December average rate of 0.0089, the exchange rate registered a net change of 10.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0090 was up 4.77% compared to the 2013 peak of 0.0086, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DJF based on timing:

Yearly Peak High 45 BGN

2013 Average 42 BGN

Yearly Trough Low 39 BGN

Transaction Impact: A difference of 5.89 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0090

0.0078

JanuMarcMayJulySeptNove

DJF to BGN 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 0.0080, compared to 0.0085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0080

H2 Avg (Jul–Dec) 0.0085

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0004 BGN (High: 0.0087 / Low: 0.0083). On the other end, June was the most stable month, with a tight range of 0.0001 BGN (High: 0.0081 / Low: 0.0080).

September Spread (Volatile) ±0.0004

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0089) against the same month in 2013 (average: 0.0080), the exchange rate shifted by +0.0009 (+11.04%).

2014 Avg (December) 0.0089

2013 Avg (December) 0.0080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0081	0.0080	0.0081
February	0.0081	0.0080	0.0081
March	0.0080	0.0079	0.0080
April	0.0081	0.0079	0.0079
May	0.0081	0.0079	0.0080
June	0.0081	0.0080	0.0081
July	0.0082	0.0080	0.0081
August	0.0083	0.0081	0.0082
September	0.0087	0.0083	0.0085
October	0.0088	0.0086	0.0086
November	0.0088	0.0087	0.0088
December	0.0090	0.0088	0.0089