2024 BGN to BND Historical Review

YEARLY HIGH

0.7519 BND

YEARLY LOW

0.7178 BND

YEARLY AVERAGE

0.7392 BND

2024 BGN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.7519. Conversely, the yearly low was recorded on December 18, dropping to 0.7178.

This high-to-low spread represents a total annual volatility of 0.0342 BND. From a start-to-finish perspective, comparing the January average rate of 0.7446 to the December average rate of 0.7229, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7519 was down 1.16% compared to the 2023 peak of 0.7607, 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 3,760 BND

2023 Average 3,713 BND

Yearly Trough Low 3,589 BND

Transaction Impact: A difference of 170.92 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7494

0.7205

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 0.7444, compared to 0.7340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.7444

H2 Avg (Jul–Dec) 0.7340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0178 BND (High: 0.7357 / Low: 0.7179). On the other end, July was the most stable month, with a tight range of 0.0065 BND (High: 0.7500 / Low: 0.7435).

November Spread (Volatile) ±0.0178

July Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0064 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.7440) against the same month in 2023 (average: 0.7461), the exchange rate shifted by -0.0021 (-0.28%).

2024 Avg (June) 0.7440

2023 Avg (June) 0.7461

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7475	0.7404	0.7446
February	0.7461	0.7371	0.7420
March	0.7499	0.7412	0.7451
April	0.7484	0.7367	0.7436
May	0.7511	0.7426	0.7470
June	0.7519	0.7397	0.7440
July	0.7500	0.7435	0.7470
August	0.7489	0.7362	0.7415
September	0.7398	0.7301	0.7363
October	0.7355	0.7258	0.7300
November	0.7357	0.7179	0.7260
December	0.7260	0.7178	0.7229