2014 GTQ to BGN Historical Review

YEARLY HIGH

0.2120 BGN

YEARLY LOW

0.1811 BGN

YEARLY AVERAGE

0.1908 BGN

2014 GTQ to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GTQ to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2120. Conversely, the yearly low was recorded on January 1, dropping to 0.1811.

This high-to-low spread represents a total annual volatility of 0.0309 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1831 to the December average rate of 0.2083, the exchange rate registered a net change of 13.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2120 was up 7.78% compared to the 2013 peak of 0.1967, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,060 BGN

2013 Average 938 BGN

Yearly Trough Low 906 BGN

Transaction Impact: A difference of 154.41 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2109

0.1802

JanuMarcMayJulySeptNove

GTQ 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 0.1837, compared to 0.1978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.1837

H2 Avg (Jul–Dec) 0.1978

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0101 BGN (High: 0.2017 / Low: 0.1916). On the other end, June was the most stable month, with a tight range of 0.0016 BGN (High: 0.1850 / Low: 0.1834).

September Spread (Volatile) ±0.0101

June Spread (Stable) ±0.0016

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 0.0014 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.2083) against the same month in 2013 (average: 0.1816), the exchange rate shifted by +0.0267 (+14.69%).

2014 Avg (December) 0.2083

2013 Avg (December) 0.1816

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1850	0.1811	0.1831
February	0.1858	0.1833	0.1846
March	0.1843	0.1820	0.1831
April	0.1840	0.1815	0.1828
May	0.1853	0.1823	0.1843
June	0.1850	0.1834	0.1844
July	0.1872	0.1840	0.1860
August	0.1916	0.1866	0.1882
September	0.2017	0.1916	0.1963
October	0.2046	0.2005	0.2019
November	0.2075	0.2048	0.2061
December	0.2120	0.2050	0.2083