2024 BGN to CAD Historical Review

YEARLY HIGH

0.7771 CAD

YEARLY LOW

0.7412 CAD

YEARLY AVERAGE

0.7580 CAD

2024 BGN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.7771. Conversely, the yearly low was recorded on February 12, dropping to 0.7412.

This high-to-low spread represents a total annual volatility of 0.0359 CAD. From a start-to-finish perspective, comparing the January average rate of 0.7484 to the December average rate of 0.7637, the exchange rate registered a net change of 2.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7771 was up 0.72% compared to the 2023 peak of 0.7716, 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 3,886 CAD

2023 Average 3,734 CAD

Yearly Trough Low 3,706 CAD

Transaction Impact: A difference of 179.68 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7728

0.7422

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 0.7509, compared to 0.7651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.7509

H2 Avg (Jul–Dec) 0.7651

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0348 CAD (High: 0.7771 / Low: 0.7424). On the other end, April was the most stable month, with a tight range of 0.0080 CAD (High: 0.7543 / Low: 0.7463).

November Spread (Volatile) ±0.0348

April Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0068 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.7598) against the same month in 2023 (average: 0.7582), the exchange rate shifted by +0.0016 (+0.21%).

2024 Avg (November) 0.7598

2023 Avg (November) 0.7582

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7528	0.7423	0.7484
February	0.7519	0.7412	0.7447
March	0.7571	0.7452	0.7526
April	0.7543	0.7463	0.7501
May	0.7599	0.7491	0.7556
June	0.7620	0.7481	0.7542
July	0.7683	0.7515	0.7610
August	0.7751	0.7624	0.7702
September	0.7765	0.7630	0.7695
October	0.7756	0.7614	0.7666
November	0.7771	0.7424	0.7598
December	0.7687	0.7541	0.7637