2019 BGN to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BGN to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BGN to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 972.0533. Conversely, the yearly low was recorded on October 1, dropping to 925.1893.
This high-to-low spread represents a total annual volatility of 46.8640 CDF. From a start-to-finish perspective, comparing the January average rate of 954.2783 to the December average rate of 953.4364, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 972.0533 was down 5.82% compared to the 2018 peak of 1032.0860, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
BGN to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 947.7393, compared to 944.1988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5405 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 28.8875 CDF (High: 966.9097 / Low: 938.0222). On the other end, November was the most stable month, with a tight range of 8.1961 CDF (High: 945.2168 / Low: 937.0208).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 9.1045 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 954.2783) against the same month in 2018 (average: 998.8497), the exchange rate shifted by -44.5714 (-4.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 972.0533 | 946.2457 | 954.2783 |
| February | 961.3047 | 943.0260 | 950.5416 |
| March | 957.0501 | 936.5140 | 945.4674 |
| April | 948.8241 | 932.5790 | 940.5898 |
| May | 946.2999 | 935.9750 | 940.7108 |
| June | 964.9704 | 942.4378 | 954.8478 |
| July | 958.8280 | 939.3838 | 951.7660 |
| August | 953.6082 | 930.8322 | 942.6615 |
| September | 943.5897 | 928.4449 | 937.0281 |
| October | 948.3966 | 925.1893 | 940.0829 |
| November | 945.2168 | 937.0208 | 940.2176 |
| December | 966.9097 | 938.0222 | 953.4364 |