YEARLY HIGH
0.9951 AZN
YEARLY LOW
0.8331 AZN
YEARLY AVERAGE
0.9163 AZN

2022 BGN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.9951. Conversely, the yearly low was recorded on September 27, dropping to 0.8331.

This high-to-low spread represents a total annual volatility of 0.1620 AZN. From a start-to-finish perspective, comparing the January average rate of 0.9839 to the December average rate of 0.9198, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9951 was down 7.18% compared to the 2021 peak of 1.0721, 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 4,976 AZN
2021 Average 5,144 AZN
Yearly Trough Low 4,166 AZN
Transaction Impact: A difference of 810.00 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9995
0.8418
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 0.9508, compared to 0.8818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0690 points.

H1 Avg (Jan–Jun) 0.9508
H2 Avg (Jul–Dec) 0.8818

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0579 AZN (High: 0.9048 / Low: 0.8470). On the other end, February was the most stable month, with a tight range of 0.0211 AZN (High: 0.9943 / Low: 0.9732).

November Spread (Volatile) ±0.0579
February Spread (Stable) ±0.0211

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.0328 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.9839) against the same month in 2021 (average: 1.0585), the exchange rate shifted by -0.0747 (-7.05%).

2022 Avg (January) 0.9839
2021 Avg (January) 1.0585

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9951 0.9686 0.9839
February 0.9943 0.9732 0.9863
March 0.9700 0.9436 0.9567
April 0.9602 0.9126 0.9403
May 0.9373 0.9012 0.9190
June 0.9338 0.9050 0.9186
July 0.9052 0.8714 0.8858
August 0.8978 0.8638 0.8794
September 0.8805 0.8331 0.8618
October 0.8767 0.8431 0.8549
November 0.9048 0.8470 0.8888
December 0.9304 0.9081 0.9198