2024 BGN to BTN Historical Review

YEARLY HIGH

48.0189 BTN

YEARLY LOW

44.9584 BTN

YEARLY AVERAGE

46.2800 BTN

2024 BGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 48.0189. Conversely, the yearly low was recorded on November 24, dropping to 44.9584.

This high-to-low spread represents a total annual volatility of 3.0604 BTN. From a start-to-finish perspective, comparing the January average rate of 46.3500 to the December average rate of 45.4906, the exchange rate registered a net change of -1.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 48.0189 was up 1.06% compared to the 2023 peak of 47.5156, 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 240,094 BTN

2023 Average 228,320 BTN

Yearly Trough Low 224,792 BTN

Transaction Impact: A difference of 15,302.10 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

47.8144

45.2794

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 45.9968, compared to 46.5631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5663 points.

H1 Avg (Jan–Jun) 45.9968

H2 Avg (Jul–Dec) 46.5631

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.0384 BTN (High: 46.9969 / Low: 44.9584). On the other end, March was the most stable month, with a tight range of 0.5595 BTN (High: 46.3735 / Low: 45.8140).

November Spread (Volatile) ±2.0384

March Spread (Stable) ±0.5595

Growth Streaks & Declines

Trends

Between June and September, 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 1.0112 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 47.2437) against the same month in 2023 (average: 46.1869), the exchange rate shifted by +1.0568 (+2.29%).

2024 Avg (August) 47.2437

2023 Avg (August) 46.1869

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.0869	45.8766	46.3500
February	46.1285	45.4617	45.7974
March	46.3735	45.8140	46.1174
April	46.2607	45.2977	45.7007
May	46.3973	45.7680	46.0784
June	46.4756	45.6036	45.9371
July	46.6711	45.8322	46.3694
August	48.0189	46.1587	47.2437
September	47.8503	47.2508	47.6031
October	47.4246	46.3617	46.8415
November	46.9969	44.9584	45.8303
December	45.8635	45.1046	45.4906