2014 NGN to BGN Historical Review

YEARLY HIGH

0.0095 BGN

YEARLY LOW

0.0085 BGN

YEARLY AVERAGE

0.0089 BGN

2014 NGN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0095. Conversely, the yearly low was recorded on March 13, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0010 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0087, the exchange rate registered a net change of -2.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0095 was down 1.33% compared to the 2013 peak of 0.0097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 9,522 BGN

2013 Average 9,257 BGN

Yearly Trough Low 8,543 BGN

Transaction Impact: A difference of 978.86 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0095

0.0085

JanuMarcMayJulySeptNove

NGN 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 0.0088, compared to 0.0091 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) 0.0088

H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0007 BGN (High: 0.0095 / Low: 0.0088). On the other end, June was the most stable month, with a tight range of 0.0001 BGN (High: 0.0089 / Low: 0.0088).

November Spread (Volatile) ±0.0007

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0004 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0094) against the same month in 2013 (average: 0.0090), the exchange rate shifted by +0.0004 (+4.51%).

2014 Avg (October) 0.0094

2013 Avg (October) 0.0090

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0091	0.0088	0.0090
February	0.0089	0.0086	0.0088
March	0.0087	0.0085	0.0086
April	0.0088	0.0086	0.0087
May	0.0089	0.0087	0.0088
June	0.0089	0.0088	0.0088
July	0.0090	0.0088	0.0089
August	0.0092	0.0090	0.0091
September	0.0095	0.0092	0.0093
October	0.0095	0.0093	0.0094
November	0.0095	0.0088	0.0091
December	0.0088	0.0086	0.0087