2024 BBD to BGN Historical Review

YEARLY HIGH

0.9434 BGN

YEARLY LOW

0.8731 BGN

YEARLY AVERAGE

0.9039 BGN

2024 BBD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.9434. Conversely, the yearly low was recorded on August 25, dropping to 0.8731.

This high-to-low spread represents a total annual volatility of 0.0703 BGN. From a start-to-finish perspective, comparing the January average rate of 0.8965 to the December average rate of 0.9337, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9434 was up 0.96% compared to the 2023 peak of 0.9345, 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 4,717 BGN

2023 Average 4,520 BGN

Yearly Trough Low 4,366 BGN

Transaction Impact: A difference of 351.52 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9391

0.8750

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 0.9045, compared to 0.9034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.9045

H2 Avg (Jul–Dec) 0.9034

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0438 BGN (High: 0.9389 / Low: 0.8951). On the other end, February was the most stable month, with a tight range of 0.0131 BGN (High: 0.9124 / Low: 0.8993).

November Spread (Volatile) ±0.0438

February Spread (Stable) ±0.0131

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 0.0139 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9337) against the same month in 2023 (average: 0.8956), the exchange rate shifted by +0.0381 (+4.26%).

2024 Avg (December) 0.9337

2023 Avg (December) 0.8956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9034	0.8858	0.8965
February	0.9124	0.8993	0.9060
March	0.9064	0.8932	0.8996
April	0.9205	0.8996	0.9119
May	0.9165	0.8979	0.9045
June	0.9156	0.8971	0.9086
July	0.9108	0.8947	0.9011
August	0.9064	0.8731	0.8872
September	0.8881	0.8745	0.8803
October	0.9074	0.8835	0.8975
November	0.9389	0.8951	0.9203
December	0.9434	0.9238	0.9337