2018 BGN to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BGN to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BGN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 1129.9543. Conversely, the yearly low was recorded on November 12, dropping to 1022.6211.
This high-to-low spread represents a total annual volatility of 107.3332 BIF. From a start-to-finish perspective, comparing the January average rate of 1099.8287 to the December average rate of 1051.3193, the exchange rate registered a net change of -4.41% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 1129.9543 was up 4.71% compared to the 2017 peak of 1079.1178, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BGN to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1094.9946, compared to 1052.1682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 42.8264 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 53.5852 BIF (High: 1126.0853 / Low: 1072.5001). On the other end, July was the most stable month, with a tight range of 20.9408 BIF (High: 1071.9143 / Low: 1050.9735).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 40.5512 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 1114.5371) against the same month in 2017 (average: 921.3292), the exchange rate shifted by +193.2080 (+20.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1126.0853 | 1072.5001 | 1099.8287 |
| February | 1129.9543 | 1101.6105 | 1114.5371 |
| March | 1126.0461 | 1100.0370 | 1113.6479 |
| April | 1122.5723 | 1094.6946 | 1111.8847 |
| May | 1089.3633 | 1044.9301 | 1071.3335 |
| June | 1075.5699 | 1046.4323 | 1058.7355 |
| July | 1071.9143 | 1050.9735 | 1058.7352 |
| August | 1060.8090 | 1026.2738 | 1047.4050 |
| September | 1073.4173 | 1046.9453 | 1057.7665 |
| October | 1072.0122 | 1031.6457 | 1052.0795 |
| November | 1063.1755 | 1022.6211 | 1045.7037 |
| December | 1068.1670 | 1037.1635 | 1051.3193 |