YEARLY HIGH
1.1807 BBD
YEARLY LOW
1.1146 BBD
YEARLY AVERAGE
1.1448 BBD

2019 BGN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.1807. Conversely, the yearly low was recorded on September 30, dropping to 1.1146.

This high-to-low spread represents a total annual volatility of 0.0661 BBD. From a start-to-finish perspective, comparing the January average rate of 1.1675 to the December average rate of 1.1362, 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 1.1807 was down 7.70% compared to the 2018 peak of 1.2792, 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 5,904 BBD
2018 Average 6,038 BBD
Yearly Trough Low 5,573 BBD
Transaction Impact: A difference of 330.64 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1716
1.1220
JanuMarcMayJulySeptNove

BGN to BBD 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 1.1550, compared to 1.1346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0203 points.

H1 Avg (Jan–Jun) 1.1550
H2 Avg (Jul–Dec) 1.1346

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0250 BBD (High: 1.1807 / Low: 1.1557). On the other end, May was the most stable month, with a tight range of 0.0112 BBD (High: 1.1492 / Low: 1.1380).

January Spread (Volatile) ±0.0250
May Spread (Stable) ±0.0112

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 0.0116 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.1675) against the same month in 2018 (average: 1.2476), the exchange rate shifted by -0.0801 (-6.42%).

2019 Avg (January) 1.1675
2018 Avg (January) 1.2476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1807 1.1557 1.1675
February 1.1709 1.1523 1.1606
March 1.1681 1.1444 1.1554
April 1.1571 1.1398 1.1479
May 1.1492 1.1380 1.1442
June 1.1656 1.1420 1.1544
July 1.1556 1.1319 1.1467
August 1.1469 1.1231 1.1377
September 1.1351 1.1146 1.1261
October 1.1414 1.1164 1.1308
November 1.1424 1.1253 1.1303
December 1.1471 1.1267 1.1362