YEARLY HIGH
2.3992 BRL
YEARLY LOW
2.1305 BRL
YEARLY AVERAGE
2.2569 BRL

2019 BGN to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 2.3992. Conversely, the yearly low was recorded on January 31, dropping to 2.1305.

This high-to-low spread represents a total annual volatility of 0.2687 BRL. From a start-to-finish perspective, comparing the January average rate of 2.1828 to the December average rate of 2.3342, the exchange rate registered a net change of 6.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3992 was down 4.54% compared to the 2018 peak of 2.5133, 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 11,996 BRL
2018 Average 11,008 BRL
Yearly Trough Low 10,652 BRL
Transaction Impact: A difference of 1,343.67 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3683
2.1394
JanuMarcMayJulySeptNove

BGN to BRL 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 2.2196, compared to 2.2941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0745 points.

H1 Avg (Jan–Jun) 2.2196
H2 Avg (Jul–Dec) 2.2941

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1876 BRL (High: 2.3626 / Low: 2.1751). On the other end, February was the most stable month, with a tight range of 0.0480 BRL (High: 2.1840 / Low: 2.1361).

August Spread (Volatile) ±0.1876
February Spread (Stable) ±0.0480

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0635 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0635

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 2.3492) against the same month in 2018 (average: 2.1948), the exchange rate shifted by +0.1544 (+7.04%).

2019 Avg (November) 2.3492
2018 Avg (November) 2.1948

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2842 2.1305 2.1828
February 2.1840 2.1361 2.1585
March 2.2971 2.1824 2.2213
April 2.2765 2.2055 2.2380
May 2.3396 2.2409 2.2873
June 2.2480 2.1974 2.2300
July 2.2217 2.1371 2.1665
August 2.3626 2.1751 2.2874
September 2.3539 2.2918 2.3198
October 2.3657 2.2632 2.3078
November 2.3992 2.2611 2.3492
December 2.3944 2.2980 2.3342