2023 BGN to AMD Historical Review

YEARLY HIGH

230.7985 AMD

YEARLY LOW

208.2691 AMD

YEARLY AVERAGE

217.0785 AMD

2023 BGN to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 230.7985. Conversely, the yearly low was recorded on September 23, dropping to 208.2691.

This high-to-low spread represents a total annual volatility of 22.5294 AMD. From a start-to-finish perspective, comparing the January average rate of 218.0912 to the December average rate of 225.7968, the exchange rate registered a net change of 3.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 230.7985 was down 20.80% compared to the 2022 peak of 291.4174, 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 1,153,992 AMD

2022 Average 1,179,022 AMD

Yearly Trough Low 1,041,345 AMD

Transaction Impact: A difference of 112,647.06 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

227.2850

209.4262

JanuMarcMayJulySeptNove

BGN to AMD 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 215.5189, compared to 218.6380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1192 points.

H1 Avg (Jan–Jun) 215.5189

H2 Avg (Jul–Dec) 218.6380

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 17.8201 AMD (High: 230.7985 / Low: 212.9784). On the other end, April was the most stable month, with a tight range of 4.5084 AMD (High: 220.7097 / Low: 216.2013).

October Spread (Volatile) ±17.8201

April Spread (Stable) ±4.5084

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 August and September, when the average rate fell by 4.6304 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.6304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 218.2392) against the same month in 2022 (average: 202.9872), the exchange rate shifted by +15.2521 (+7.51%).

2023 Avg (October) 218.2392

2022 Avg (October) 202.9872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	220.6733	211.6743	218.0912
February	221.1569	210.0228	215.5662
March	217.1081	209.4265	212.6073
April	220.7097	216.2013	217.8469
May	219.7466	210.6385	214.8017
June	217.2068	210.4121	214.1998
July	224.2952	214.2072	219.0501
August	218.0182	213.1261	215.5448
September	214.9503	208.2691	210.9145
October	230.7985	212.9784	218.2392
November	226.0302	217.7628	222.2828
December	230.1435	221.5809	225.7968