2014 NIO to BGN Historical Review

YEARLY HIGH

0.0608 BGN

YEARLY LOW

0.0546 BGN

YEARLY AVERAGE

0.0568 BGN

2014 NIO to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NIO to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0608. Conversely, the yearly low was recorded on May 7, dropping to 0.0546.

This high-to-low spread represents a total annual volatility of 0.0062 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0565 to the December average rate of 0.0599, the exchange rate registered a net change of 6.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0608 was down 3.18% compared to the 2013 peak of 0.0627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 304 BGN

2013 Average 299 BGN

Yearly Trough Low 273 BGN

Transaction Impact: A difference of 30.79 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0604

0.0546

JanuMarcMayJulySeptNove

NIO 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 0.0557, compared to 0.0579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0557

H2 Avg (Jul–Dec) 0.0579

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0023 BGN (High: 0.0592 / Low: 0.0569). On the other end, November was the most stable month, with a tight range of 0.0008 BGN (High: 0.0595 / Low: 0.0587).

September Spread (Volatile) ±0.0023

November Spread (Stable) ±0.0008

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 0.0009 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0599) against the same month in 2013 (average: 0.0564), the exchange rate shifted by +0.0035 (+6.21%).

2014 Avg (December) 0.0599

2013 Avg (December) 0.0564

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0570	0.0559	0.0565
February	0.0570	0.0558	0.0563
March	0.0560	0.0549	0.0554
April	0.0556	0.0548	0.0551
May	0.0558	0.0546	0.0553
June	0.0559	0.0551	0.0555
July	0.0562	0.0551	0.0555
August	0.0569	0.0560	0.0563
September	0.0592	0.0569	0.0579
October	0.0597	0.0576	0.0584
November	0.0595	0.0587	0.0591
December	0.0608	0.0590	0.0599