2022 BGN to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BGN to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 96.9463. Conversely, the yearly low was recorded on January 3, dropping to 59.4669.
This high-to-low spread represents a total annual volatility of 37.4794 ARS. From a start-to-finish perspective, comparing the January average rate of 60.1294 to the December average rate of 93.2305, the exchange rate registered a net change of 55.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 96.9463 was up 62.61% compared to the 2021 peak of 59.6206, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 62.6766, compared to 77.2942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.6176 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 10.3251 ARS (High: 88.9791 / Low: 78.6540). On the other end, January was the most stable month, with a tight range of 1.3080 ARS (High: 60.7749 / Low: 59.4669).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1501 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 93.2305) against the same month in 2021 (average: 58.8403), the exchange rate shifted by +34.3902 (+58.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 60.7749 | 59.4669 | 60.1294 |
| February | 62.1393 | 60.5135 | 61.7197 |
| March | 63.2749 | 60.1927 | 61.5696 |
| April | 63.3060 | 61.8426 | 62.6723 |
| May | 66.1666 | 62.1581 | 63.6745 |
| June | 67.4223 | 65.1024 | 66.2942 |
| July | 68.7078 | 65.3715 | 66.8499 |
| August | 71.2786 | 68.6859 | 69.9947 |
| September | 74.0099 | 70.7597 | 72.4540 |
| October | 80.1414 | 73.7914 | 76.4888 |
| November | 88.9791 | 78.6540 | 84.7473 |
| December | 96.9463 | 89.6929 | 93.2305 |