2019 BGN to AZN Historical Review

YEARLY HIGH

1.0051 AZN

YEARLY LOW

0.9488 AZN

YEARLY AVERAGE

0.9745 AZN

2019 BGN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.0051. Conversely, the yearly low was recorded on September 30, dropping to 0.9488.

This high-to-low spread represents a total annual volatility of 0.0563 AZN. From a start-to-finish perspective, comparing the January average rate of 0.9938 to the December average rate of 0.9672, the exchange rate registered a net change of -2.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.0051 was down 7.57% compared to the 2018 peak of 1.0873, 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 5,025 AZN

2018 Average 5,132 AZN

Yearly Trough Low 4,744 AZN

Transaction Impact: A difference of 281.46 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9973

0.9551

JanuMarcMayJulySeptNove

BGN to AZN 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 0.9832, compared to 0.9659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.9832

H2 Avg (Jul–Dec) 0.9659

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0213 AZN (High: 1.0051 / Low: 0.9838). On the other end, May was the most stable month, with a tight range of 0.0095 AZN (High: 0.9782 / Low: 0.9687).

January Spread (Volatile) ±0.0213

May Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0098 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.9938) against the same month in 2018 (average: 1.0558), the exchange rate shifted by -0.0619 (-5.87%).

2019 Avg (January) 0.9938

2018 Avg (January) 1.0558

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0051	0.9838	0.9938
February	0.9967	0.9809	0.9880
March	0.9943	0.9742	0.9835
April	0.9850	0.9702	0.9771
May	0.9782	0.9687	0.9740
June	0.9923	0.9722	0.9827
July	0.9837	0.9635	0.9761
August	0.9763	0.9561	0.9684
September	0.9663	0.9488	0.9586
October	0.9716	0.9503	0.9626
November	0.9725	0.9579	0.9622
December	0.9765	0.9591	0.9672