2014 MVR to BGN Historical Review

YEARLY HIGH

0.1053 BGN

YEARLY LOW

0.0913 BGN

YEARLY AVERAGE

0.0959 BGN

2014 MVR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MVR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1053. Conversely, the yearly low was recorded on March 18, dropping to 0.0913.

This high-to-low spread represents a total annual volatility of 0.0140 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0933 to the December average rate of 0.1039, the exchange rate registered a net change of 11.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1053 was up 5.62% compared to the 2013 peak of 0.0997, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 526 BGN

2013 Average 479 BGN

Yearly Trough Low 457 BGN

Transaction Impact: A difference of 69.85 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1051

0.0907

JanuMarcMayJulySeptNove

MVR 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 0.0927, compared to 0.0991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.0927

H2 Avg (Jul–Dec) 0.0991

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0038 BGN (High: 0.1006 / Low: 0.0967). On the other end, March was the most stable month, with a tight range of 0.0011 BGN (High: 0.0925 / Low: 0.0913).

September Spread (Volatile) ±0.0038

March Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0012 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1039) against the same month in 2013 (average: 0.0929), the exchange rate shifted by +0.0110 (+11.89%).

2014 Avg (December) 0.1039

2013 Avg (December) 0.0929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0941	0.0924	0.0933
February	0.0940	0.0921	0.0931
March	0.0925	0.0913	0.0919
April	0.0929	0.0917	0.0920
May	0.0931	0.0914	0.0925
June	0.0937	0.0926	0.0932
July	0.0949	0.0928	0.0938
August	0.0969	0.0945	0.0955
September	0.1006	0.0967	0.0987
October	0.1015	0.0994	0.1003
November	0.1034	0.1012	0.1023
December	0.1053	0.1024	0.1039