2014 MRO to BGN Historical Review

YEARLY HIGH

0.0055 BGN

YEARLY LOW

0.0047 BGN

YEARLY AVERAGE

0.0051 BGN

2014 MRO to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MRO to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0055. Conversely, the yearly low was recorded on April 13, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0008 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0049 to the December average rate of 0.0055, the exchange rate registered a net change of 10.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0055 was down 4.05% compared to the 2013 peak of 0.0057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28 BGN

2013 Average 25 BGN

Yearly Trough Low 24 BGN

Transaction Impact: A difference of 3.87 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0055

0.0047

JanuMarcMayJulySeptNove

MRO 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 0.0049, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0049

H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0002 BGN (High: 0.0053 / Low: 0.0051). On the other end, June was the most stable month, with a tight range of 0.0001 BGN (High: 0.0050 / Low: 0.0049).

September Spread (Volatile) ±0.0002

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: 0.0055) against the same month in 2013 (average: 0.0049), the exchange rate shifted by +0.0006 (+11.47%).

2014 Avg (December) 0.0055

2013 Avg (December) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0050	0.0049	0.0049
February	0.0050	0.0049	0.0049
March	0.0049	0.0048	0.0048
April	0.0049	0.0047	0.0048
May	0.0049	0.0048	0.0049
June	0.0050	0.0049	0.0049
July	0.0050	0.0049	0.0050
August	0.0051	0.0050	0.0050
September	0.0053	0.0051	0.0052
October	0.0054	0.0052	0.0053
November	0.0054	0.0053	0.0054
December	0.0055	0.0054	0.0055