2023 BGN to ANG Historical Review

YEARLY HIGH

1.0352 ANG

YEARLY LOW

0.9645 ANG

YEARLY AVERAGE

0.9965 ANG

2023 BGN to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 1.0352. Conversely, the yearly low was recorded on October 3, dropping to 0.9645.

This high-to-low spread represents a total annual volatility of 0.0707 ANG. From a start-to-finish perspective, comparing the January average rate of 0.9937 to the December average rate of 1.0073, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0352 was down 1.97% compared to the 2022 peak of 1.0560, 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 5,176 ANG

2022 Average 4,855 ANG

Yearly Trough Low 4,823 ANG

Transaction Impact: A difference of 353.31 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0223

0.9685

JanuMarcMayJulySeptNove

BGN to ANG 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 0.9959, compared to 0.9971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.9959

H2 Avg (Jul–Dec) 0.9971

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0383 ANG (High: 1.0125 / Low: 0.9742). On the other end, April was the most stable month, with a tight range of 0.0175 ANG (High: 1.0188 / Low: 1.0013).

November Spread (Volatile) ±0.0383

April Spread (Stable) ±0.0175

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0216 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0178) against the same month in 2022 (average: 0.9388), the exchange rate shifted by +0.0791 (+8.42%).

2023 Avg (July) 1.0178

2022 Avg (July) 0.9388

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0050	0.9702	0.9937
February	1.0060	0.9723	0.9860
March	1.0041	0.9719	0.9856
April	1.0188	1.0013	1.0102
May	1.0198	0.9845	1.0011
June	1.0123	0.9854	0.9990
July	1.0352	0.9991	1.0178
August	1.0153	0.9948	1.0052
September	0.9961	0.9689	0.9836
October	0.9826	0.9645	0.9729
November	1.0125	0.9742	0.9958
December	1.0247	0.9918	1.0073