2023 BGN to CHF Historical Review

YEARLY HIGH

0.5144 CHF

YEARLY LOW

0.4748 CHF

YEARLY AVERAGE

0.4970 CHF

2023 BGN to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.5144. Conversely, the yearly low was recorded on December 29, dropping to 0.4748.

This high-to-low spread represents a total annual volatility of 0.0396 CHF. From a start-to-finish perspective, comparing the January average rate of 0.5095 to the December average rate of 0.4823, the exchange rate registered a net change of -5.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5144 was down 4.92% compared to the 2022 peak of 0.5410, 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 2,572 CHF

2022 Average 2,569 CHF

Yearly Trough Low 2,374 CHF

Transaction Impact: A difference of 197.97 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5122

0.4795

JanuMarcMayJulySeptNove

BGN to CHF 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 0.5042, compared to 0.4897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 0.5042

H2 Avg (Jul–Dec) 0.4897

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0131 CHF (High: 0.4956 / Low: 0.4824). On the other end, August was the most stable month, with a tight range of 0.0049 CHF (High: 0.4924 / Low: 0.4874).

October Spread (Volatile) ±0.0131

August Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0106 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5095) against the same month in 2022 (average: 0.5317), the exchange rate shifted by -0.0223 (-4.18%).

2023 Avg (January) 0.5095

2022 Avg (January) 0.5317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5144	0.5037	0.5095
February	0.5128	0.5034	0.5069
March	0.5121	0.5006	0.5067
April	0.5110	0.5001	0.5044
May	0.5050	0.4953	0.4990
June	0.5014	0.4952	0.4990
July	0.5000	0.4878	0.4943
August	0.4924	0.4874	0.4901
September	0.4956	0.4877	0.4908
October	0.4956	0.4824	0.4881
November	0.4947	0.4870	0.4929
December	0.4870	0.4748	0.4823