2020 BGN to BTN Historical Review

YEARLY HIGH

46.2979 BTN

YEARLY LOW

39.4424 BTN

YEARLY AVERAGE

43.2204 BTN

2020 BGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 46.2979. Conversely, the yearly low was recorded on February 19, dropping to 39.4424.

This high-to-low spread represents a total annual volatility of 6.8555 BTN. From a start-to-finish perspective, comparing the January average rate of 40.4375 to the December average rate of 45.8150, the exchange rate registered a net change of 13.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 46.2979 was up 10.41% compared to the 2019 peak of 41.9326, 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 231,490 BTN

2019 Average 201,340 BTN

Yearly Trough Low 197,212 BTN

Transaction Impact: A difference of 34,277.73 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

46.4067

39.3070

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 41.7325, compared to 44.7084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9760 points.

H1 Avg (Jan–Jun) 41.7325

H2 Avg (Jul–Dec) 44.7084

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.3819 BTN (High: 43.1215 / Low: 40.7396). On the other end, December was the most stable month, with a tight range of 0.7969 BTN (High: 46.2979 / Low: 45.5011).

March Spread (Volatile) ±2.3819

December Spread (Stable) ±0.7969

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.8830 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8830

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 45.8150) against the same month in 2019 (average: 40.4335), the exchange rate shifted by +5.3815 (+13.31%).

2020 Avg (December) 45.8150

2019 Avg (December) 40.4335

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.1440	40.1215	40.4375
February	40.7396	39.4424	39.8986
March	43.1215	40.7396	42.0050
April	42.7682	41.9106	42.3059
May	42.9250	41.6588	42.1720
June	44.1164	42.9069	43.5756
July	45.2744	42.9004	43.9018
August	45.4828	44.5925	45.1004
September	44.5988	43.8007	44.2173
October	44.7094	43.8859	44.2517
November	45.2784	44.2552	44.9643
December	46.2979	45.5011	45.8150