2019 ARS to BGN Historical Review

YEARLY HIGH

0.0463 BGN

YEARLY LOW

0.0291 BGN

YEARLY AVERAGE

0.0373 BGN

2019 ARS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ARS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0463. Conversely, the yearly low was recorded on August 14, dropping to 0.0291.

This high-to-low spread represents a total annual volatility of 0.0172 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0459 to the December average rate of 0.0294, the exchange rate registered a net change of -35.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0463 was down 47.51% compared to the 2018 peak of 0.0883, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 232 BGN

2018 Average 314 BGN

Yearly Trough Low 146 BGN

Transaction Impact: A difference of 85.94 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0475

0.0278

JanuMarcMayJulySeptNove

ARS 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 0.0420, compared to 0.0327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.0420

H2 Avg (Jul–Dec) 0.0327

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0107 BGN (High: 0.0398 / Low: 0.0291). On the other end, November was the most stable month, with a tight range of 0.0005 BGN (High: 0.0298 / Low: 0.0294).

August Spread (Volatile) ±0.0107

November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0070 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0459) against the same month in 2018 (average: 0.0844), the exchange rate shifted by -0.0386 (-45.69%).

2019 Avg (January) 0.0459

2018 Avg (January) 0.0844

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0463	0.0451	0.0459
February	0.0461	0.0435	0.0450
March	0.0434	0.0396	0.0420
April	0.0420	0.0383	0.0405
May	0.0395	0.0385	0.0390
June	0.0407	0.0385	0.0397
July	0.0418	0.0399	0.0411
August	0.0398	0.0291	0.0341
September	0.0320	0.0299	0.0314
October	0.0312	0.0294	0.0303
November	0.0298	0.0294	0.0297
December	0.0298	0.0291	0.0294