YEARLY HIGH
1.0203 BGN
YEARLY LOW
0.8537 BGN
YEARLY AVERAGE
0.9297 BGN

2022 BBD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BBD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 1.0203. Conversely, the yearly low was recorded on January 13, dropping to 0.8537.

This high-to-low spread represents a total annual volatility of 0.1666 BGN. From a start-to-finish perspective, comparing the January average rate of 0.8639 to the December average rate of 0.9242, the exchange rate registered a net change of 6.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0203 was up 16.88% compared to the 2021 peak of 0.8729, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,101 BGN
2021 Average 4,136 BGN
Yearly Trough Low 4,268 BGN
Transaction Impact: A difference of 832.99 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0076
0.8486
JanuMarcMayJulySeptNove

BBD 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 0.8948, compared to 0.9647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0699 points.

H1 Avg (Jan–Jun) 0.8948
H2 Avg (Jul–Dec) 0.9647

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0642 BGN (High: 1.0035 / Low: 0.9394). On the other end, February was the most stable month, with a tight range of 0.0185 BGN (High: 0.8734 / Low: 0.8548).

November Spread (Volatile) ±0.0642
February Spread (Stable) ±0.0185

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0376 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.9865) against the same month in 2021 (average: 0.8302), the exchange rate shifted by +0.1564 (+18.84%).

2022 Avg (September) 0.9865
2021 Avg (September) 0.8302

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8775 0.8537 0.8639
February 0.8734 0.8548 0.8618
March 0.9008 0.8763 0.8885
April 0.9314 0.8852 0.9041
May 0.9432 0.9068 0.9251
June 0.9393 0.9103 0.9254
July 0.9755 0.9390 0.9597
August 0.9840 0.9468 0.9667
September 1.0203 0.9654 0.9865
October 1.0082 0.9695 0.9943
November 1.0035 0.9394 0.9567
December 0.9360 0.9136 0.9242