2022 AFN to BGN Historical Review

YEARLY HIGH

0.0236 BGN

YEARLY LOW

0.0162 BGN

YEARLY AVERAGE

0.0207 BGN

2022 AFN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 0.0236. Conversely, the yearly low was recorded on January 12, dropping to 0.0162.

This high-to-low spread represents a total annual volatility of 0.0074 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0165 to the December average rate of 0.0211, the exchange rate registered a net change of 27.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0236 was up 9.07% compared to the 2021 peak of 0.0216, 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 118 BGN

2021 Average 100 BGN

Yearly Trough Low 81 BGN

Transaction Impact: A difference of 36.80 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0235

0.0159

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 0.0196, compared to 0.0219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0196

H2 Avg (Jul–Dec) 0.0219

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0018 BGN (High: 0.0218 / Low: 0.0200). On the other end, December was the most stable month, with a tight range of 0.0006 BGN (High: 0.0215 / Low: 0.0209).

April Spread (Volatile) ±0.0018

December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0229) against the same month in 2021 (average: 0.0187), the exchange rate shifted by +0.0041 (+22.15%).

2022 Avg (October) 0.0229

2021 Avg (October) 0.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0170	0.0162	0.0165
February	0.0190	0.0173	0.0185
March	0.0206	0.0191	0.0200
April	0.0218	0.0200	0.0207
May	0.0217	0.0202	0.0210
June	0.0213	0.0204	0.0208
July	0.0222	0.0212	0.0216
August	0.0223	0.0210	0.0216
September	0.0232	0.0217	0.0223
October	0.0236	0.0223	0.0229
November	0.0227	0.0211	0.0218
December	0.0215	0.0209	0.0211