2015 HNL to BGN Historical Review

YEARLY HIGH

0.0872 BGN

YEARLY LOW

0.0767 BGN

YEARLY AVERAGE

0.0813 BGN

2015 HNL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the HNL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.0872. Conversely, the yearly low was recorded on January 2, dropping to 0.0767.

This high-to-low spread represents a total annual volatility of 0.0105 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0799 to the December average rate of 0.0820, the exchange rate registered a net change of 2.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0872 was up 13.78% compared to the 2014 peak of 0.0766, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 436 BGN

2014 Average 361 BGN

Yearly Trough Low 383 BGN

Transaction Impact: A difference of 52.70 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0850

0.0789

JanuMarcMayJulySeptNove

HNL 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 0.0816, compared to 0.0809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0816

H2 Avg (Jul–Dec) 0.0809

Volatility Range Comparison

Volatility

The most volatile month in 2015 was April, with a trading range of 0.0066 BGN (High: 0.0863 / Low: 0.0798). On the other end, September was the most stable month, with a tight range of 0.0021 BGN (High: 0.0805 / Low: 0.0784).

April Spread (Volatile) ±0.0066

September Spread (Stable) ±0.0021

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 April and May, when the average rate fell by 0.0041 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.0845) against the same month in 2014 (average: 0.0732), the exchange rate shifted by +0.0112 (+15.35%).

2015 Avg (March) 0.0845

2014 Avg (March) 0.0732

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0831	0.0767	0.0799
February	0.0831	0.0808	0.0815
March	0.0872	0.0825	0.0845
April	0.0863	0.0798	0.0840
May	0.0819	0.0778	0.0799
June	0.0817	0.0791	0.0799
July	0.0828	0.0805	0.0814
August	0.0819	0.0772	0.0802
September	0.0805	0.0784	0.0796
October	0.0812	0.0777	0.0794
November	0.0844	0.0807	0.0830
December	0.0842	0.0806	0.0820