2014 NOK to BGN Historical Review

YEARLY HIGH

0.2415 BGN

YEARLY LOW

0.2105 BGN

YEARLY AVERAGE

0.2343 BGN

2014 NOK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.2415. Conversely, the yearly low was recorded on December 16, dropping to 0.2105.

This high-to-low spread represents a total annual volatility of 0.0310 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2335 to the December average rate of 0.2177, the exchange rate registered a net change of -6.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2415 was down 9.84% compared to the 2013 peak of 0.2679, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,208 BGN

2013 Average 1,255 BGN

Yearly Trough Low 1,052 BGN

Transaction Impact: A difference of 155.25 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2421

0.2154

JanuMarcMayJulySeptNove

NOK 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 0.2364, compared to 0.2322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.2364

H2 Avg (Jul–Dec) 0.2322

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0152 BGN (High: 0.2257 / Low: 0.2105). On the other end, July was the most stable month, with a tight range of 0.0025 BGN (High: 0.2345 / Low: 0.2320).

December Spread (Volatile) ±0.0152

July Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0124 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 0.2383) against the same month in 2013 (average: 0.2527), the exchange rate shifted by -0.0144 (-5.69%).

2014 Avg (June) 0.2383

2013 Avg (June) 0.2527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2350	0.2312	0.2335
February	0.2365	0.2304	0.2340
March	0.2374	0.2344	0.2359
April	0.2383	0.2352	0.2369
May	0.2411	0.2369	0.2399
June	0.2415	0.2334	0.2383
July	0.2345	0.2320	0.2333
August	0.2403	0.2326	0.2371
September	0.2409	0.2359	0.2391
October	0.2406	0.2312	0.2358
November	0.2323	0.2233	0.2301
December	0.2257	0.2105	0.2177