2019 BGN to BTN Historical Review

YEARLY HIGH

41.9326 BTN

YEARLY LOW

38.9396 BTN

YEARLY AVERAGE

40.2744 BTN

2019 BGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 41.9326. Conversely, the yearly low was recorded on July 31, dropping to 38.9396.

This high-to-low spread represents a total annual volatility of 2.9930 BTN. From a start-to-finish perspective, comparing the January average rate of 41.2229 to the December average rate of 40.4335, the exchange rate registered a net change of -1.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 41.9326 was down 4.50% compared to the 2018 peak of 43.9087, 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 209,663 BTN

2018 Average 206,201 BTN

Yearly Trough Low 194,698 BTN

Transaction Impact: A difference of 14,965.14 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

41.4508

39.2155

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 40.4193, compared to 40.1296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2897 points.

H1 Avg (Jan–Jun) 40.4193

H2 Avg (Jul–Dec) 40.1296

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.7469 BTN (High: 40.8891 / Low: 39.1422). On the other end, November was the most stable month, with a tight range of 0.6529 BTN (High: 40.6764 / Low: 40.0235).

August Spread (Volatile) ±1.7469

November Spread (Stable) ±0.6529

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 1.1226 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 41.2646) against the same month in 2018 (average: 40.6504), the exchange rate shifted by +0.6142 (+1.51%).

2019 Avg (February) 41.2646

2018 Avg (February) 40.6504

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.7410	40.5612	41.2229
February	41.9326	40.7253	41.2646
March	41.1474	39.6372	40.1419
April	40.1552	39.3283	39.8845
May	40.4699	39.6547	39.9109
June	40.4368	39.7772	40.0908
July	39.9973	38.9396	39.4018
August	40.8891	39.1422	40.3218
September	40.6923	39.4371	40.1042
October	40.6244	39.5201	40.1484
November	40.6764	40.0235	40.3678
December	40.9336	40.1923	40.4335