2014 NPR to BGN Historical Review

YEARLY HIGH

0.0161 BGN

YEARLY LOW

0.0142 BGN

YEARLY AVERAGE

0.0151 BGN

2014 NPR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NPR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.0161. Conversely, the yearly low was recorded on January 27, dropping to 0.0142.

This high-to-low spread represents a total annual volatility of 0.0019 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0145 to the December average rate of 0.0158, the exchange rate registered a net change of 9.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0161 was down 8.58% compared to the 2013 peak of 0.0176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80 BGN

2013 Average 79 BGN

Yearly Trough Low 71 BGN

Transaction Impact: A difference of 9.41 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0160

0.0142

JanuMarcMayJulySeptNove

NPR 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 0.0147, compared to 0.0155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0147

H2 Avg (Jul–Dec) 0.0155

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0007 BGN (High: 0.0153 / Low: 0.0146). On the other end, February was the most stable month, with a tight range of 0.0002 BGN (High: 0.0145 / Low: 0.0143).

May Spread (Volatile) ±0.0007

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0158) against the same month in 2013 (average: 0.0144), the exchange rate shifted by +0.0014 (+9.66%).

2014 Avg (December) 0.0158

2013 Avg (December) 0.0144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0146	0.0142	0.0145
February	0.0145	0.0143	0.0144
March	0.0149	0.0143	0.0145
April	0.0149	0.0145	0.0147
May	0.0153	0.0146	0.0150
June	0.0152	0.0149	0.0151
July	0.0152	0.0149	0.0150
August	0.0153	0.0149	0.0151
September	0.0157	0.0153	0.0156
October	0.0158	0.0155	0.0157
November	0.0160	0.0157	0.0159
December	0.0161	0.0155	0.0158