2014 RON to BGN Historical Review

YEARLY HIGH

0.4465 BGN

YEARLY LOW

0.4303 BGN

YEARLY AVERAGE

0.4404 BGN

2014 RON to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.4465. Conversely, the yearly low was recorded on January 27, dropping to 0.4303.

This high-to-low spread represents a total annual volatility of 0.0162 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4329 to the December average rate of 0.4385, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4465 was down 1.81% compared to the 2013 peak of 0.4547, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,232 BGN

2013 Average 2,215 BGN

Yearly Trough Low 2,151 BGN

Transaction Impact: A difference of 81.08 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4470

0.4316

JanuMarcMayJulySeptNove

RON 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 0.4386, compared to 0.4423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.4386

H2 Avg (Jul–Dec) 0.4423

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0072 BGN (High: 0.4463 / Low: 0.4390). On the other end, June was the most stable month, with a tight range of 0.0018 BGN (High: 0.4465 / Low: 0.4447).

July Spread (Volatile) ±0.0072

June Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 0.4457) against the same month in 2013 (average: 0.4370), the exchange rate shifted by +0.0087 (+1.99%).

2014 Avg (June) 0.4457

2013 Avg (June) 0.4370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4368	0.4303	0.4329
February	0.4392	0.4331	0.4359
March	0.4387	0.4316	0.4356
April	0.4409	0.4377	0.4387
May	0.4460	0.4406	0.4426
June	0.4465	0.4447	0.4457
July	0.4463	0.4390	0.4437
August	0.4456	0.4404	0.4424
September	0.4452	0.4423	0.4438
October	0.4449	0.4418	0.4433
November	0.4436	0.4406	0.4419
December	0.4419	0.4359	0.4385