2019 BGN to ARS Historical Review

YEARLY HIGH

34.3249 ARS

YEARLY LOW

21.5885 ARS

YEARLY AVERAGE

27.5044 ARS

2019 BGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 34.3249. Conversely, the yearly low was recorded on January 26, dropping to 21.5885.

This high-to-low spread represents a total annual volatility of 12.7365 ARS. From a start-to-finish perspective, comparing the January average rate of 21.8098 to the December average rate of 33.9740, the exchange rate registered a net change of 55.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 34.3249 was up 40.12% compared to the 2018 peak of 24.4974, 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 171,625 ARS

2018 Average 84,235 ARS

Yearly Trough Low 107,942 ARS

Transaction Impact: A difference of 63,682.33 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

35.1904

20.5934

JanuMarcMayJulySeptNove

BGN to ARS 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 23.9166, compared to 31.0921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.1755 points.

H1 Avg (Jan–Jun) 23.9166

H2 Avg (Jul–Dec) 31.0921

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 9.2274 ARS (High: 34.3249 / Low: 25.0976). On the other end, November was the most stable month, with a tight range of 0.5549 ARS (High: 34.0715 / Low: 33.5167).

August Spread (Volatile) ±9.2274

November Spread (Stable) ±0.5549

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.9017 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.9017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 29.6268) against the same month in 2018 (average: 17.6199), the exchange rate shifted by +12.0069 (+68.14%).

2019 Avg (August) 29.6268

2018 Avg (August) 17.6199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.1578	21.5885	21.8098
February	23.0037	21.7073	22.2491
March	25.2401	23.0165	23.8450
April	26.1230	23.7978	24.7245
May	25.9447	25.2849	25.6515
June	26.0045	24.5421	25.2196
July	25.0479	23.9160	24.3178
August	34.3249	25.0976	29.6268
September	33.4375	31.2053	31.8646
October	33.9704	32.0496	33.0506
November	34.0715	33.5167	33.7190
December	34.3219	33.6069	33.9740