2024 ANG to BGN Historical Review

YEARLY HIGH

1.0467 BGN

YEARLY LOW

0.9693 BGN

YEARLY AVERAGE

1.0033 BGN

2024 ANG to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ANG to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 1.0467. Conversely, the yearly low was recorded on August 24, dropping to 0.9693.

This high-to-low spread represents a total annual volatility of 0.0774 BGN. From a start-to-finish perspective, comparing the January average rate of 0.9950 to the December average rate of 1.0365, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0467 was up 0.96% compared to the 2023 peak of 1.0368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,234 BGN

2023 Average 5,018 BGN

Yearly Trough Low 4,847 BGN

Transaction Impact: A difference of 387.00 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0425

0.9708

JanuMarcMayJulySeptNove

ANG 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 1.0040, compared to 1.0026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 1.0040

H2 Avg (Jul–Dec) 1.0026

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0487 BGN (High: 1.0417 / Low: 0.9930). On the other end, February was the most stable month, with a tight range of 0.0154 BGN (High: 1.0125 / Low: 0.9971).

November Spread (Volatile) ±0.0487

February Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between September and December, 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 0.0149 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.0365) against the same month in 2023 (average: 0.9929), the exchange rate shifted by +0.0436 (+4.40%).

2024 Avg (December) 1.0365

2023 Avg (December) 0.9929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0044	0.9802	0.9950
February	1.0125	0.9971	1.0051
March	1.0073	0.9913	0.9989
April	1.0220	0.9995	1.0124
May	1.0172	0.9975	1.0040
June	1.0160	0.9967	1.0083
July	1.0107	0.9933	1.0003
August	1.0067	0.9693	0.9854
September	0.9858	0.9701	0.9768
October	1.0072	0.9811	0.9953
November	1.0417	0.9930	1.0211
December	1.0467	1.0245	1.0365