2014 WST to BGN Historical Review

YEARLY HIGH

0.6698 BGN

YEARLY LOW

0.6046 BGN

YEARLY AVERAGE

0.6317 BGN

2014 WST to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the WST to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6698. Conversely, the yearly low was recorded on March 17, dropping to 0.6046.

This high-to-low spread represents a total annual volatility of 0.0652 BGN. From a start-to-finish perspective, comparing the January average rate of 0.6165 to the December average rate of 0.6615, the exchange rate registered a net change of 7.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6698 was up 0.78% compared to the 2013 peak of 0.6646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,349 BGN

2013 Average 3,187 BGN

Yearly Trough Low 3,023 BGN

Transaction Impact: A difference of 325.79 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6667

0.6045

JanuMarcMayJulySeptNove

WST 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 0.6174, compared to 0.6461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0287 points.

H1 Avg (Jan–Jun) 0.6174

H2 Avg (Jul–Dec) 0.6461

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0185 BGN (High: 0.6698 / Low: 0.6513). On the other end, April was the most stable month, with a tight range of 0.0073 BGN (High: 0.6194 / Low: 0.6121).

December Spread (Volatile) ±0.0185

April Spread (Stable) ±0.0073

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 0.0036 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.6615) against the same month in 2013 (average: 0.6150), the exchange rate shifted by +0.0466 (+7.58%).

2014 Avg (December) 0.6615

2013 Avg (December) 0.6150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6214	0.6110	0.6165
February	0.6192	0.6079	0.6133
March	0.6184	0.6046	0.6097
April	0.6194	0.6121	0.6167
May	0.6306	0.6136	0.6229
June	0.6291	0.6195	0.6252
July	0.6339	0.6245	0.6293
August	0.6446	0.6298	0.6358
September	0.6544	0.6417	0.6475
October	0.6579	0.6403	0.6489
November	0.6598	0.6435	0.6536
December	0.6698	0.6513	0.6615