2015 PEN to BGN Historical Review

YEARLY HIGH

0.6003 BGN

YEARLY LOW

0.5166 BGN

YEARLY AVERAGE

0.5543 BGN

2015 PEN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the PEN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.6003. Conversely, the yearly low was recorded on August 24, dropping to 0.5166.

This high-to-low spread represents a total annual volatility of 0.0836 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5598 to the December average rate of 0.5313, the exchange rate registered a net change of -5.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.6003 was up 10.86% compared to the 2014 peak of 0.5415, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,001 BGN

2014 Average 2,598 BGN

Yearly Trough Low 2,583 BGN

Transaction Impact: A difference of 418.24 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5896

0.5260

JanuMarcMayJulySeptNove

PEN 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 0.5655, compared to 0.5431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0224 points.

H1 Avg (Jan–Jun) 0.5655

H2 Avg (Jul–Dec) 0.5431

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0451 BGN (High: 0.5618 / Low: 0.5166). On the other end, November was the most stable month, with a tight range of 0.0088 BGN (High: 0.5499 / Low: 0.5411).

August Spread (Volatile) ±0.0451

November Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0235 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.5843) against the same month in 2014 (average: 0.5044), the exchange rate shifted by +0.0798 (+15.83%).

2015 Avg (March) 0.5843

2014 Avg (March) 0.5044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5830	0.5396	0.5598
February	0.5655	0.5562	0.5598
March	0.6003	0.5645	0.5843
April	0.5922	0.5595	0.5804
May	0.5688	0.5431	0.5570
June	0.5669	0.5440	0.5515
July	0.5686	0.5521	0.5589
August	0.5618	0.5166	0.5429
September	0.5464	0.5328	0.5411
October	0.5448	0.5282	0.5373
November	0.5499	0.5411	0.5467
December	0.5472	0.5251	0.5313