YEARLY HIGH
0.7458 CAD
YEARLY LOW
0.6596 CAD
YEARLY AVERAGE
0.7009 CAD

2022 BGN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.7458. Conversely, the yearly low was recorded on August 25, dropping to 0.6596.

This high-to-low spread represents a total annual volatility of 0.0862 CAD. From a start-to-finish perspective, comparing the January average rate of 0.7309 to the December average rate of 0.7361, the exchange rate registered a net change of 0.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7458 was down 6.80% compared to the 2021 peak of 0.8002, 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 3,729 CAD
2021 Average 3,791 CAD
Yearly Trough Low 3,298 CAD
Transaction Impact: A difference of 430.97 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7453
0.6618
JanuMarcMayJulySeptNove

BGN to CAD 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 0.7111, compared to 0.6907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 0.7111
H2 Avg (Jul–Dec) 0.6907

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0330 CAD (High: 0.7176 / Low: 0.6846). On the other end, June was the most stable month, with a tight range of 0.0147 CAD (High: 0.7004 / Low: 0.6857).

November Spread (Volatile) ±0.0330
June Spread (Stable) ±0.0147

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0265 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.7384) against the same month in 2021 (average: 0.7853), the exchange rate shifted by -0.0470 (-5.98%).

2022 Avg (February) 0.7384
2021 Avg (February) 0.7853

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7386 0.7230 0.7309
February 0.7458 0.7267 0.7384
March 0.7242 0.7013 0.7118
April 0.7073 0.6874 0.6988
May 0.7027 0.6856 0.6943
June 0.7004 0.6857 0.6926
July 0.6848 0.6665 0.6735
August 0.6753 0.6596 0.6687
September 0.6928 0.6661 0.6747
October 0.6988 0.6834 0.6892
November 0.7176 0.6846 0.7019
December 0.7446 0.7183 0.7361