2018 BGN to BTN Historical Review

YEARLY HIGH

43.9087 BTN

YEARLY LOW

38.8893 BTN

YEARLY AVERAGE

41.2391 BTN

2018 BGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 43.9087. Conversely, the yearly low was recorded on January 10, dropping to 38.8893.

This high-to-low spread represents a total annual volatility of 5.0194 BTN. From a start-to-finish perspective, comparing the January average rate of 39.6906 to the December average rate of 41.0895, the exchange rate registered a net change of 3.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 43.9087 was up 10.87% compared to the 2017 peak of 39.6050, 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 219,543 BTN

2017 Average 187,905 BTN

Yearly Trough Low 194,446 BTN

Transaction Impact: A difference of 25,096.97 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

43.5762

39.3374

JanuMarcMayJulySeptNove

BGN to BTN 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 40.6353, compared to 41.8430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2077 points.

H1 Avg (Jan–Jun) 40.6353

H2 Avg (Jul–Dec) 41.8430

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 2.5702 BTN (High: 42.8271 / Low: 40.2570). On the other end, March was the most stable month, with a tight range of 0.4788 BTN (High: 41.2753 / Low: 40.7965).

November Spread (Volatile) ±2.5702

March Spread (Stable) ±0.4788

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 1.4787 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4787

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 43.2230) against the same month in 2017 (average: 39.1092), the exchange rate shifted by +4.1138 (+10.52%).

2018 Avg (October) 43.2230

2017 Avg (October) 39.1092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.3903	38.8893	39.6906
February	40.9721	40.2324	40.6504
March	41.2753	40.7965	40.9981
April	41.5932	40.6750	41.2061
May	41.2525	40.0955	40.8087
June	40.8985	40.0092	40.4577
July	41.3779	40.7566	41.0469
August	42.2964	40.1482	41.0302
September	43.6560	42.0982	42.9240
October	43.9087	42.5771	43.2230
November	42.8271	40.2570	41.7443
December	41.8010	40.4730	41.0895