2020 AFN to BGN Historical Review

YEARLY HIGH

0.0241 BGN

YEARLY LOW

0.0206 BGN

YEARLY AVERAGE

0.0223 BGN

2020 AFN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0241. Conversely, the yearly low was recorded on December 30, dropping to 0.0206.

This high-to-low spread represents a total annual volatility of 0.0035 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0228 to the December average rate of 0.0209, the exchange rate registered a net change of -8.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0241 was up 3.63% compared to the 2019 peak of 0.0233, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 121 BGN

2019 Average 112 BGN

Yearly Trough Low 103 BGN

Transaction Impact: A difference of 17.75 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0239

0.0206

JanuMarcMayJulySeptNove

AFN 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 0.0231, compared to 0.0215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0231

H2 Avg (Jul–Dec) 0.0215

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0016 BGN (High: 0.0241 / Low: 0.0226). On the other end, October was the most stable month, with a tight range of 0.0004 BGN (High: 0.0218 / Low: 0.0214).

March Spread (Volatile) ±0.0016

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0232) against the same month in 2019 (average: 0.0230), the exchange rate shifted by +0.0003 (+1.13%).

2020 Avg (March) 0.0232

2019 Avg (March) 0.0230

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0232	0.0223	0.0228
February	0.0235	0.0227	0.0233
March	0.0241	0.0226	0.0232
April	0.0239	0.0232	0.0236
May	0.0238	0.0230	0.0234
June	0.0229	0.0223	0.0225
July	0.0225	0.0215	0.0222
August	0.0217	0.0212	0.0214
September	0.0219	0.0214	0.0216
October	0.0218	0.0214	0.0216
November	0.0219	0.0212	0.0215
December	0.0210	0.0206	0.0209