2020 BGN to ARS Historical Review

YEARLY HIGH

52.8469 ARS

YEARLY LOW

33.8280 ARS

YEARLY AVERAGE

41.3120 ARS

2020 BGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 52.8469. Conversely, the yearly low was recorded on January 26, dropping to 33.8280.

This high-to-low spread represents a total annual volatility of 19.0189 ARS. From a start-to-finish perspective, comparing the January average rate of 34.0169 to the December average rate of 51.3805, the exchange rate registered a net change of 51.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 52.8469 was up 53.96% compared to the 2019 peak of 34.3249, 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 264,235 ARS

2019 Average 137,662 ARS

Yearly Trough Low 169,140 ARS

Transaction Impact: A difference of 95,094.57 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

53.1169

32.2806

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 36.3304, compared to 46.2935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.9632 points.

H1 Avg (Jan–Jun) 36.3304

H2 Avg (Jul–Dec) 46.2935

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 3.2036 ARS (High: 43.7674 / Low: 40.5638). On the other end, January was the most stable month, with a tight range of 0.5358 ARS (High: 34.3638 / Low: 33.8280).

July Spread (Volatile) ±3.2036

January Spread (Stable) ±0.5358

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 51.3805) against the same month in 2019 (average: 33.9740), the exchange rate shifted by +17.4065 (+51.23%).

2020 Avg (December) 51.3805

2019 Avg (December) 33.9740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.3638	33.8280	34.0169
February	35.0507	33.9730	34.2087
March	36.5981	34.6273	35.6687
April	37.4199	35.8087	36.4204
May	38.8408	36.8523	37.6767
June	40.5638	39.0409	39.9907
July	43.7674	40.5638	41.8043
August	45.2363	43.5684	44.2915
September	45.6864	44.9049	45.2631
October	47.4380	45.7485	46.6535
November	49.6161	46.7251	48.3682
December	52.8469	50.2942	51.3805