2024 BGN to AUD Historical Review

YEARLY HIGH

0.8597 AUD

YEARLY LOW

0.8147 AUD

YEARLY AVERAGE

0.8387 AUD

2024 BGN to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.8597. Conversely, the yearly low was recorded on November 24, dropping to 0.8147.

This high-to-low spread represents a total annual volatility of 0.0450 AUD. From a start-to-finish perspective, comparing the January average rate of 0.8394 to the December average rate of 0.8468, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8597 was down 1.55% compared to the 2023 peak of 0.8732, 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 4,299 AUD

2023 Average 4,165 AUD

Yearly Trough Low 4,074 AUD

Transaction Impact: A difference of 225.02 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8494

0.8266

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 0.8396, compared to 0.8378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.8396

H2 Avg (Jul–Dec) 0.8378

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0334 AUD (High: 0.8481 / Low: 0.8147). On the other end, May was the most stable month, with a tight range of 0.0088 AUD (High: 0.8383 / Low: 0.8294).

November Spread (Volatile) ±0.0334

May Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0088 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.8471) against the same month in 2023 (average: 0.8608), the exchange rate shifted by -0.0137 (-1.60%).

2024 Avg (August) 0.8471

2023 Avg (August) 0.8608

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8486	0.8267	0.8394
February	0.8527	0.8423	0.8455
March	0.8533	0.8418	0.8475
April	0.8501	0.8354	0.8427
May	0.8383	0.8294	0.8339
June	0.8399	0.8202	0.8285
July	0.8486	0.8202	0.8312
August	0.8597	0.8343	0.8471
September	0.8505	0.8242	0.8388
October	0.8462	0.8205	0.8310
November	0.8481	0.8147	0.8319
December	0.8583	0.8285	0.8468