YEARLY HIGH
4.4194 BOB
YEARLY LOW
3.9647 BOB
YEARLY AVERAGE
4.1737 BOB

2018 BGN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 4.4194. Conversely, the yearly low was recorded on November 12, dropping to 3.9647.

This high-to-low spread represents a total annual volatility of 0.4546 BOB. From a start-to-finish perspective, comparing the January average rate of 4.3116 to the December average rate of 4.0199, the exchange rate registered a net change of -6.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.4194 was up 2.58% compared to the 2017 peak of 4.3083, 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 22,097 BOB
2017 Average 20,047 BOB
Yearly Trough Low 19,824 BOB
Transaction Impact: A difference of 2,273.24 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.3993
3.9768
JanuMarcMayJulySeptNove

BGN to BOB 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 4.2791, compared to 4.0683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2108 points.

H1 Avg (Jan–Jun) 4.2791
H2 Avg (Jul–Dec) 4.0683

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1756 BOB (High: 4.3937 / Low: 4.2181). On the other end, July was the most stable month, with a tight range of 0.0457 BOB (High: 4.1491 / Low: 4.1034).

January Spread (Volatile) ±0.1756
July Spread (Stable) ±0.0457

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1566 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1566

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 4.3641) against the same month in 2017 (average: 3.7657), the exchange rate shifted by +0.5984 (+15.89%).

2018 Avg (February) 4.3641
2017 Avg (February) 3.7657

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.3937 4.2181 4.3116
February 4.4194 4.3079 4.3641
March 4.3996 4.3239 4.3572
April 4.3784 4.2712 4.3357
May 4.2443 4.0831 4.1792
June 4.1714 4.0894 4.1267
July 4.1491 4.1034 4.1264
August 4.1344 4.0079 4.0745
September 4.1577 4.0870 4.1193
October 4.0971 4.0031 4.0578
November 4.0470 3.9647 4.0120
December 4.0494 3.9919 4.0199