YEARLY HIGH
0.9303 BND
YEARLY LOW
0.7528 BND
YEARLY AVERAGE
0.7868 BND

2019 BGN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.9303. Conversely, the yearly low was recorded on September 30, dropping to 0.7528.

This high-to-low spread represents a total annual volatility of 0.1775 BND. From a start-to-finish perspective, comparing the January average rate of 0.9157 to the December average rate of 0.7707, the exchange rate registered a net change of -15.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9303 was up 0.77% compared to the 2018 peak of 0.9232, 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 4,651 BND
2018 Average 4,246 BND
Yearly Trough Low 3,764 BND
Transaction Impact: A difference of 887.62 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9311
0.7460
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 0.8038, compared to 0.7698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0339 points.

H1 Avg (Jan–Jun) 0.8038
H2 Avg (Jul–Dec) 0.7698

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.1443 BND (High: 0.9226 / Low: 0.7783). On the other end, December was the most stable month, with a tight range of 0.0091 BND (High: 0.7761 / Low: 0.7670).

February Spread (Volatile) ±0.1443
December Spread (Stable) ±0.0091

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 January and February, when the average rate fell by 0.1176 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.9157) against the same month in 2018 (average: 0.8244), the exchange rate shifted by +0.0913 (+11.07%).

2019 Avg (January) 0.9157
2018 Avg (January) 0.8244

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9303 0.7862 0.9157
February 0.9226 0.7783 0.7980
March 0.7888 0.7729 0.7804
April 0.7831 0.7697 0.7754
May 0.7871 0.7686 0.7731
June 0.7871 0.7712 0.7800
July 0.7805 0.7643 0.7746
August 0.7808 0.7585 0.7685
September 0.7771 0.7528 0.7614
October 0.7794 0.7539 0.7745
November 0.7756 0.7655 0.7693
December 0.7761 0.7670 0.7707