YEARLY HIGH
0.6151 BGN
YEARLY LOW
0.3784 BGN
YEARLY AVERAGE
0.4925 BGN

2014 GHS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GHS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.6151. Conversely, the yearly low was recorded on August 19, dropping to 0.3784.

This high-to-low spread represents a total annual volatility of 0.2367 BGN. From a start-to-finish perspective, comparing the January average rate of 0.6028 to the December average rate of 0.4959, the exchange rate registered a net change of -17.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6151 was down 22.52% compared to the 2013 peak of 0.7938, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,075 BGN
2013 Average 3,585 BGN
Yearly Trough Low 1,892 BGN
Transaction Impact: A difference of 1,183.29 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6227
0.3845
JanuMarcMayJulySeptNove

GHS 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 0.5315, compared to 0.4536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0778 points.

H1 Avg (Jan–Jun) 0.5315
H2 Avg (Jul–Dec) 0.4536

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0806 BGN (High: 0.4726 / Low: 0.3919). On the other end, October was the most stable month, with a tight range of 0.0107 BGN (High: 0.4835 / Low: 0.4728).

September Spread (Volatile) ±0.0806
October Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0344 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.6028) against the same month in 2013 (average: 0.7741), the exchange rate shifted by -0.1712 (-22.12%).

2014 Avg (January) 0.6028
2013 Avg (January) 0.7741

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6151 0.5864 0.6028
February 0.6055 0.5528 0.5755
March 0.5574 0.5286 0.5460
April 0.5293 0.4997 0.5126
May 0.4997 0.4761 0.4894
June 0.4818 0.4372 0.4625
July 0.4394 0.4131 0.4281
August 0.4326 0.3784 0.4044
September 0.4726 0.3919 0.4269
October 0.4835 0.4728 0.4779
November 0.4947 0.4815 0.4887
December 0.5026 0.4880 0.4959