2023 BGN to AUD Historical Review

YEARLY HIGH

0.8732 AUD

YEARLY LOW

0.7772 AUD

YEARLY AVERAGE

0.8328 AUD

2023 BGN to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.8732. Conversely, the yearly low was recorded on January 27, dropping to 0.7772.

This high-to-low spread represents a total annual volatility of 0.0961 AUD. From a start-to-finish perspective, comparing the January average rate of 0.7923 to the December average rate of 0.8329, the exchange rate registered a net change of 5.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8732 was up 5.58% compared to the 2022 peak of 0.8271, 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 4,366 AUD

2022 Average 3,878 AUD

Yearly Trough Low 3,886 AUD

Transaction Impact: A difference of 480.37 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8677

0.7855

JanuMarcMayJulySeptNove

BGN to AUD 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 0.8179, compared to 0.8477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0297 points.

H1 Avg (Jan–Jun) 0.8179

H2 Avg (Jul–Dec) 0.8477

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0334 AUD (High: 0.8551 / Low: 0.8217). On the other end, December was the most stable month, with a tight range of 0.0154 AUD (High: 0.8420 / Low: 0.8266).

April Spread (Volatile) ±0.0334

December Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0180 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.8608) against the same month in 2022 (average: 0.7444), the exchange rate shifted by +0.1164 (+15.64%).

2023 Avg (August) 0.8608

2022 Avg (August) 0.7444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8040	0.7772	0.7923
February	0.8053	0.7794	0.7943
March	0.8321	0.8030	0.8198
April	0.8551	0.8217	0.8393
May	0.8522	0.8283	0.8367
June	0.8456	0.8136	0.8251
July	0.8477	0.8313	0.8402
August	0.8732	0.8503	0.8608
September	0.8603	0.8405	0.8500
October	0.8608	0.8409	0.8511
November	0.8609	0.8421	0.8509
December	0.8420	0.8266	0.8329