YEARLY HIGH
0.9232 BND
YEARLY LOW
0.7957 BND
YEARLY AVERAGE
0.8491 BND

2018 BGN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.9232. Conversely, the yearly low was recorded on June 10, dropping to 0.7957.

This high-to-low spread represents a total annual volatility of 0.1275 BND. From a start-to-finish perspective, comparing the January average rate of 0.8244 to the December average rate of 0.9129, the exchange rate registered a net change of 10.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9232 was up 11.22% compared to the 2017 peak of 0.8300, 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 4,616 BND
2017 Average 3,986 BND
Yearly Trough Low 3,979 BND
Transaction Impact: A difference of 637.42 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9225
0.8079
JanuMarcMayJulySeptNove

BGN to BND 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 0.8313, compared to 0.8668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0355 points.

H1 Avg (Jan–Jun) 0.8313
H2 Avg (Jul–Dec) 0.8668

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.1259 BND (High: 0.9232 / Low: 0.7972). On the other end, April was the most stable month, with a tight range of 0.0091 BND (High: 0.8302 / Low: 0.8211).

December Spread (Volatile) ±0.1259
April Spread (Stable) ±0.0091

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 September and October, when the average rate fell by 0.0536 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.9129) against the same month in 2017 (average: 0.8152), the exchange rate shifted by +0.0978 (+11.99%).

2018 Avg (December) 0.9129
2017 Avg (December) 0.8152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8315 0.8147 0.8244
February 0.8414 0.8247 0.8335
March 0.8351 0.8248 0.8293
April 0.8302 0.8211 0.8262
May 0.8919 0.7995 0.8174
June 0.9117 0.7957 0.8568
July 0.9063 0.8043 0.8486
August 0.9049 0.8106 0.8884
September 0.9086 0.8202 0.8808
October 0.8359 0.8029 0.8271
November 0.9181 0.7973 0.8431
December 0.9232 0.7972 0.9129