2014 ZAR to BGN Historical Review

YEARLY HIGH

0.1442 BGN

YEARLY LOW

0.1273 BGN

YEARLY AVERAGE

0.1360 BGN

2014 ZAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.1442. Conversely, the yearly low was recorded on January 29, dropping to 0.1273.

This high-to-low spread represents a total annual volatility of 0.0169 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1324 to the December average rate of 0.1382, the exchange rate registered a net change of 4.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1442 was down 17.67% compared to the 2013 peak of 0.1752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,212 BGN

2013 Average 7,668 BGN

Yearly Trough Low 6,365 BGN

Transaction Impact: A difference of 846.27 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1426

0.1296

JanuMarcMayJulySeptNove

ZAR 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 0.1335, compared to 0.1385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.1335

H2 Avg (Jul–Dec) 0.1385

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0083 BGN (High: 0.1426 / Low: 0.1343). On the other end, June was the most stable month, with a tight range of 0.0023 BGN (High: 0.1359 / Low: 0.1335).

December Spread (Volatile) ±0.0083

June Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0033 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.1415) against the same month in 2013 (average: 0.1422), the exchange rate shifted by -0.0007 (-0.51%).

2014 Avg (November) 0.1415

2013 Avg (November) 0.1422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1353	0.1273	0.1324
February	0.1333	0.1289	0.1307
March	0.1348	0.1302	0.1318
April	0.1362	0.1326	0.1344
May	0.1392	0.1339	0.1370
June	0.1359	0.1335	0.1350
July	0.1385	0.1333	0.1356
August	0.1397	0.1361	0.1379
September	0.1413	0.1364	0.1382
October	0.1425	0.1375	0.1394
November	0.1442	0.1396	0.1415
December	0.1426	0.1343	0.1382