2014 SGD to BGN Historical Review

YEARLY HIGH

1.2203 BGN

YEARLY LOW

1.1105 BGN

YEARLY AVERAGE

1.1639 BGN

2014 SGD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SGD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 1.2203. Conversely, the yearly low was recorded on March 19, dropping to 1.1105.

This high-to-low spread represents a total annual volatility of 0.1098 BGN. From a start-to-finish perspective, comparing the January average rate of 1.1295 to the December average rate of 1.2070, the exchange rate registered a net change of 6.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2203 was down 0.90% compared to the 2013 peak of 1.2314, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,102 BGN

2013 Average 5,891 BGN

Yearly Trough Low 5,553 BGN

Transaction Impact: A difference of 548.84 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2204

1.1077

JanuMarcMayJulySeptNove

SGD 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 1.1328, compared to 1.1950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0622 points.

H1 Avg (Jan–Jun) 1.1328

H2 Avg (Jul–Dec) 1.1950

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0264 BGN (High: 1.1740 / Low: 1.1476). On the other end, April was the most stable month, with a tight range of 0.0100 BGN (High: 1.1346 / Low: 1.1247).

July Spread (Volatile) ±0.0264

April Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0148 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 1.2110) against the same month in 2013 (average: 1.1626), the exchange rate shifted by +0.0484 (+4.17%).

2014 Avg (November) 1.2110

2013 Avg (November) 1.1626

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1356	1.1182	1.1295
February	1.1410	1.1208	1.1319
March	1.1304	1.1105	1.1171
April	1.1346	1.1247	1.1294
May	1.1465	1.1256	1.1385
June	1.1576	1.1431	1.1504
July	1.1740	1.1476	1.1624
August	1.1921	1.1664	1.1770
September	1.2147	1.1896	1.2016
October	1.2188	1.2011	1.2110
November	1.2203	1.1971	1.2110
December	1.2166	1.1955	1.2070