2019 BGN to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BGN to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BGN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1079.2048. Conversely, the yearly low was recorded on October 1, dropping to 1028.3710.
This high-to-low spread represents a total annual volatility of 50.8338 BIF. From a start-to-finish perspective, comparing the January average rate of 1053.6282 to the December average rate of 1066.5357, the exchange rate registered a net change of 1.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 1079.2048 was down 4.49% compared to the 2018 peak of 1129.9543, 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 2019.
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 1054.0802, compared to 1054.0796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was October, with a trading range of 37.9385 BIF (High: 1066.3095 / Low: 1028.3710). On the other end, May was the most stable month, with a tight range of 11.3721 BIF (High: 1058.6408 / Low: 1047.2687).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 7.6825 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 1066.5357) against the same month in 2018 (average: 1051.3193), the exchange rate shifted by +15.2164 (+1.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1065.3463 | 1040.7274 | 1053.6282 |
| February | 1066.7673 | 1041.0845 | 1052.5777 |
| March | 1063.5981 | 1038.2241 | 1051.4884 |
| April | 1058.9299 | 1042.2567 | 1051.5300 |
| May | 1058.6408 | 1047.2687 | 1050.9984 |
| June | 1077.2544 | 1047.7134 | 1064.2587 |
| July | 1064.6277 | 1043.6887 | 1056.8959 |
| August | 1059.2784 | 1037.6866 | 1049.2134 |
| September | 1054.0338 | 1031.9903 | 1043.1885 |
| October | 1066.3095 | 1028.3710 | 1050.5552 |
| November | 1066.2286 | 1053.3846 | 1058.0890 |
| December | 1079.2048 | 1054.3276 | 1066.5357 |