YEARLY HIGH
0.0196 BGN
YEARLY LOW
0.0165 BGN
YEARLY AVERAGE
0.0180 BGN

2023 ALL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.0196. Conversely, the yearly low was recorded on January 8, dropping to 0.0165.

This high-to-low spread represents a total annual volatility of 0.0031 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0168 to the December average rate of 0.0190, the exchange rate registered a net change of 13.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0196 was up 12.88% compared to the 2022 peak of 0.0173, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98 BGN
2022 Average 82 BGN
Yearly Trough Low 82 BGN
Transaction Impact: A difference of 15.56 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0192
0.0166
JanuMarcMayJulySeptNove

ALL 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 0.0173, compared to 0.0187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0173
H2 Avg (Jul–Dec) 0.0187

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0014 BGN (High: 0.0191 / Low: 0.0177). On the other end, February was the most stable month, with a tight range of 0.0003 BGN (High: 0.0171 / Low: 0.0168).

August Spread (Volatile) ±0.0014
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 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 6 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0189) against the same month in 2022 (average: 0.0167), the exchange rate shifted by +0.0023 (+13.60%).

2023 Avg (July) 0.0189
2022 Avg (July) 0.0167

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0173 0.0165 0.0168
February 0.0171 0.0168 0.0169
March 0.0172 0.0169 0.0171
April 0.0177 0.0172 0.0174
May 0.0178 0.0172 0.0176
June 0.0185 0.0178 0.0182
July 0.0196 0.0183 0.0189
August 0.0191 0.0177 0.0185
September 0.0185 0.0181 0.0183
October 0.0186 0.0183 0.0185
November 0.0192 0.0185 0.0188
December 0.0193 0.0188 0.0190