2024 AFN to BGN Historical Review

YEARLY HIGH

0.0278 BGN

YEARLY LOW

0.0241 BGN

YEARLY AVERAGE

0.0257 BGN

2024 AFN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0278. Conversely, the yearly low was recorded on February 3, dropping to 0.0241.

This high-to-low spread represents a total annual volatility of 0.0037 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0251 to the December average rate of 0.0269, the exchange rate registered a net change of 7.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0278 was up 6.02% compared to the 2023 peak of 0.0262, 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 139 BGN

2023 Average 110 BGN

Yearly Trough Low 120 BGN

Transaction Impact: A difference of 18.74 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0274

0.0245

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 0.0252, compared to 0.0261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0252

H2 Avg (Jul–Dec) 0.0261

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0020 BGN (High: 0.0277 / Low: 0.0258). On the other end, July was the most stable month, with a tight range of 0.0004 BGN (High: 0.0257 / Low: 0.0253).

October Spread (Volatile) ±0.0020

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0272) against the same month in 2023 (average: 0.0253), the exchange rate shifted by +0.0019 (+7.44%).

2024 Avg (November) 0.0272

2023 Avg (November) 0.0253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0256	0.0243	0.0251
February	0.0251	0.0241	0.0248
March	0.0255	0.0246	0.0249
April	0.0257	0.0250	0.0254
May	0.0256	0.0250	0.0252
June	0.0261	0.0251	0.0258
July	0.0257	0.0253	0.0255
August	0.0255	0.0246	0.0251
September	0.0258	0.0249	0.0253
October	0.0277	0.0258	0.0268
November	0.0278	0.0266	0.0272
December	0.0275	0.0265	0.0269