YEARLY HIGH
2.3070 AED
YEARLY LOW
2.0041 AED
YEARLY AVERAGE
2.1435 AED

2020 BGN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.3070. Conversely, the yearly low was recorded on March 19, dropping to 2.0041.

This high-to-low spread represents a total annual volatility of 0.3028 AED. From a start-to-finish perspective, comparing the January average rate of 2.0852 to the December average rate of 2.2856, the exchange rate registered a net change of 9.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3070 was up 6.39% compared to the 2019 peak of 2.1685, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,535 AED
2019 Average 10,512 AED
Yearly Trough Low 10,021 AED
Transaction Impact: A difference of 1,514.15 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3101
2.0166
JanuMarcMayJulySeptNove

BGN to AED 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 2.0693, compared to 2.2178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1485 points.

H1 Avg (Jan–Jun) 2.0693
H2 Avg (Jul–Dec) 2.2178

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1360 AED (High: 2.1402 / Low: 2.0041). On the other end, January was the most stable month, with a tight range of 0.0381 AED (High: 2.1063 / Low: 2.0682).

March Spread (Volatile) ±0.1360
January Spread (Stable) ±0.0381

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0353 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.2856) against the same month in 2019 (average: 2.0867), the exchange rate shifted by +0.1989 (+9.53%).

2020 Avg (December) 2.2856
2019 Avg (December) 2.0867

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1063 2.0682 2.0852
February 2.0825 2.0265 2.0508
March 2.1402 2.0041 2.0763
April 2.0629 2.0233 2.0410
May 2.0856 2.0279 2.0490
June 2.1353 2.0911 2.1134
July 2.2249 2.1107 2.1520
August 2.2439 2.2050 2.2219
September 2.2363 2.1818 2.2126
October 2.2284 2.1892 2.2103
November 2.2465 2.1834 2.2244
December 2.3070 2.2685 2.2856