2014 VEF to BGN Historical Review

YEARLY HIGH

0.2549 BGN

YEARLY LOW

0.2234 BGN

YEARLY AVERAGE

0.2343 BGN

2014 VEF to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2549. Conversely, the yearly low was recorded on March 18, dropping to 0.2234.

This high-to-low spread represents a total annual volatility of 0.0315 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2284 to the December average rate of 0.2517, the exchange rate registered a net change of 10.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2549 was down 27.85% compared to the 2013 peak of 0.3533, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,275 BGN

2013 Average 1,296 BGN

Yearly Trough Low 1,117 BGN

Transaction Impact: A difference of 157.51 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2543

0.2223

JanuMarcMayJulySeptNove

VEF 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 0.2269, compared to 0.2417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.2269

H2 Avg (Jul–Dec) 0.2417

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0094 BGN (High: 0.2461 / Low: 0.2367). On the other end, June was the most stable month, with a tight range of 0.0022 BGN (High: 0.2296 / Low: 0.2274).

September Spread (Volatile) ±0.0094

June Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0029 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.2517) against the same month in 2013 (average: 0.2271), the exchange rate shifted by +0.0246 (+10.82%).

2014 Avg (December) 0.2517

2013 Avg (December) 0.2271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2302	0.2259	0.2284
February	0.2306	0.2258	0.2279
March	0.2265	0.2234	0.2250
April	0.2270	0.2241	0.2252
May	0.2286	0.2235	0.2265
June	0.2296	0.2274	0.2286
July	0.2323	0.2274	0.2296
August	0.2366	0.2317	0.2335
September	0.2461	0.2367	0.2410
October	0.2477	0.2430	0.2452
November	0.2505	0.2479	0.2493
December	0.2549	0.2480	0.2517