2024 BGN to ANG Historical Review

YEARLY HIGH

1.0317 ANG

YEARLY LOW

0.9554 ANG

YEARLY AVERAGE

0.9970 ANG

2024 BGN to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 1.0317. Conversely, the yearly low was recorded on December 19, dropping to 0.9554.

This high-to-low spread represents a total annual volatility of 0.0763 ANG. From a start-to-finish perspective, comparing the January average rate of 1.0050 to the December average rate of 0.9648, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0317 was down 0.34% compared to the 2023 peak of 1.0352, 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 5,158 ANG

2023 Average 4,983 ANG

Yearly Trough Low 4,777 ANG

Transaction Impact: A difference of 381.43 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0297

0.9589

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 0.9961, compared to 0.9979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.9961

H2 Avg (Jul–Dec) 0.9979

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0470 ANG (High: 1.0070 / Low: 0.9600). On the other end, February was the most stable month, with a tight range of 0.0153 ANG (High: 1.0029 / Low: 0.9877).

November Spread (Volatile) ±0.0470

February Spread (Stable) ±0.0153

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0253 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1.0149) against the same month in 2023 (average: 1.0052), the exchange rate shifted by +0.0097 (+0.97%).

2024 Avg (August) 1.0149

2023 Avg (August) 1.0052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0202	0.9957	1.0050
February	1.0029	0.9877	0.9950
March	1.0088	0.9928	1.0011
April	1.0005	0.9784	0.9878
May	1.0025	0.9831	0.9960
June	1.0033	0.9843	0.9918
July	1.0067	0.9894	0.9997
August	1.0317	0.9933	1.0149
September	1.0308	1.0144	1.0238
October	1.0192	0.9929	1.0048
November	1.0070	0.9600	0.9795
December	0.9761	0.9554	0.9648