2022 BGN to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BGN to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BGN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1178.6496. Conversely, the yearly low was recorded on September 27, dropping to 1008.7892.
This high-to-low spread represents a total annual volatility of 169.8604 BIF. From a start-to-finish perspective, comparing the January average rate of 1158.8266 to the December average rate of 1118.4380, the exchange rate registered a net change of -3.49% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 1178.6496 was down 4.69% compared to the 2021 peak of 1236.6498, 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 2022.
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 1132.4558, compared to 1067.8471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 64.6087 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 73.2461 BIF (High: 1101.8469 / Low: 1028.6008). On the other end, December was the most stable month, with a tight range of 31.6836 BIF (High: 1130.7767 / Low: 1099.0931).
Growth Streaks & Declines
TrendsBetween 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 36.4821 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 1164.7407) against the same month in 2021 (average: 1206.5066), the exchange rate shifted by -41.7658 (-3.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1172.5523 | 1135.1406 | 1158.8266 |
| February | 1178.6496 | 1146.0821 | 1164.7407 |
| March | 1160.9493 | 1118.9110 | 1139.3039 |
| April | 1160.6501 | 1089.0623 | 1124.6009 |
| May | 1132.9555 | 1078.6193 | 1099.5276 |
| June | 1131.1346 | 1089.8691 | 1107.7351 |
| July | 1095.8223 | 1055.1868 | 1071.2530 |
| August | 1084.1398 | 1043.4050 | 1063.5542 |
| September | 1065.3087 | 1008.7892 | 1041.7306 |
| October | 1057.5197 | 1020.6472 | 1035.1750 |
| November | 1101.8469 | 1028.6008 | 1076.9320 |
| December | 1130.7767 | 1099.0931 | 1118.4380 |