YEARLY HIGH
0.7108 BGN
YEARLY LOW
0.6129 BGN
YEARLY AVERAGE
0.6744 BGN

2014 TRY to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.7108. Conversely, the yearly low was recorded on January 26, dropping to 0.6129.

This high-to-low spread represents a total annual volatility of 0.0979 BGN. From a start-to-finish perspective, comparing the January average rate of 0.6478 to the December average rate of 0.6924, the exchange rate registered a net change of 6.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7108 was down 15.94% compared to the 2013 peak of 0.8456, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 35,540 BGN
2013 Average 38,811 BGN
Yearly Trough Low 30,645 BGN
Transaction Impact: A difference of 4,895.58 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7089
0.6334
JanuMarcMayJulySeptNove

TRY 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 0.6607, compared to 0.6880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0273 points.

H1 Avg (Jan–Jun) 0.6607
H2 Avg (Jul–Dec) 0.6880

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0500 BGN (High: 0.6629 / Low: 0.6129). On the other end, August was the most stable month, with a tight range of 0.0146 BGN (High: 0.6888 / Low: 0.6742).

January Spread (Volatile) ±0.0500
August Spread (Stable) ±0.0146

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0102 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.7026) against the same month in 2013 (average: 0.7167), the exchange rate shifted by -0.0141 (-1.96%).

2014 Avg (November) 0.7026
2013 Avg (November) 0.7167

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6629 0.6129 0.6478
February 0.6563 0.6361 0.6490
March 0.6619 0.6305 0.6396
April 0.6765 0.6594 0.6667
May 0.6895 0.6697 0.6815
June 0.6940 0.6712 0.6795
July 0.6960 0.6725 0.6819
August 0.6888 0.6742 0.6807
September 0.6999 0.6775 0.6859
October 0.7045 0.6737 0.6845
November 0.7108 0.6955 0.7026
December 0.7088 0.6647 0.6924