2022 BGN to BTN Historical Review

YEARLY HIGH

45.1960 BTN

YEARLY LOW

39.9881 BTN

YEARLY AVERAGE

42.2847 BTN

2022 BGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 45.1960. Conversely, the yearly low was recorded on September 27, dropping to 39.9881.

This high-to-low spread represents a total annual volatility of 5.2079 BTN. From a start-to-finish perspective, comparing the January average rate of 43.0686 to the December average rate of 44.6192, the exchange rate registered a net change of 3.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 45.1960 was down 2.37% compared to the 2021 peak of 46.2954, 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 225,980 BTN

2021 Average 223,360 BTN

Yearly Trough Low 199,941 BTN

Transaction Impact: A difference of 26,039.39 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

45.0211

40.1983

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 42.5886, compared to 41.9808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6078 points.

H1 Avg (Jan–Jun) 42.5886

H2 Avg (Jul–Dec) 41.9808

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 2.2726 BTN (High: 43.5056 / Low: 41.2330). On the other end, January was the most stable month, with a tight range of 0.5882 BTN (High: 43.3317 / Low: 42.7435).

November Spread (Volatile) ±2.2726

January Spread (Stable) ±0.5882

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 June and July, when the average rate fell by 0.7588 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7588

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 44.6192) against the same month in 2021 (average: 43.5072), the exchange rate shifted by +1.1120 (+2.56%).

2022 Avg (December) 44.6192

2021 Avg (December) 43.5072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.3317	42.7435	43.0686
February	44.0111	42.8792	43.4749
March	43.4524	42.6197	42.8928
April	42.9673	41.0122	42.1567
May	42.7165	41.0544	41.7546
June	42.6969	41.5818	42.1839
July	42.0320	40.7886	41.4252
August	42.0004	40.5613	41.1655
September	41.2004	39.9881	40.6002
October	42.2903	40.8201	41.3939
November	43.5056	41.2330	42.6807
December	45.1960	43.3924	44.6192