YEARLY HIGH
0.5084 CHF
YEARLY LOW
0.4740 CHF
YEARLY AVERAGE
0.4871 CHF

2024 BGN to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.5084. Conversely, the yearly low was recorded on December 9, dropping to 0.4740.

This high-to-low spread represents a total annual volatility of 0.0344 CHF. From a start-to-finish perspective, comparing the January average rate of 0.4786 to the December average rate of 0.4776, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5084 was down 1.16% compared to the 2023 peak of 0.5144, 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 2,542 CHF
2023 Average 2,485 CHF
Yearly Trough Low 2,370 CHF
Transaction Impact: A difference of 172.05 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5050
0.4751
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 0.4917, compared to 0.4825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.4917
H2 Avg (Jul–Dec) 0.4825

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0149 CHF (High: 0.5005 / Low: 0.4856). On the other end, October was the most stable month, with a tight range of 0.0045 CHF (High: 0.4820 / Low: 0.4775).

June Spread (Volatile) ±0.0149
October Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between January and May, 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 July and August, when the average rate fell by 0.0115 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.5025) against the same month in 2023 (average: 0.4990), the exchange rate shifted by +0.0035 (+0.70%).

2024 Avg (May) 0.5025
2023 Avg (May) 0.4990

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4839 0.4742 0.4786
February 0.4890 0.4768 0.4839
March 0.5014 0.4898 0.4940
April 0.5030 0.4954 0.4990
May 0.5084 0.4982 0.5025
June 0.5005 0.4856 0.4922
July 0.5008 0.4861 0.4948
August 0.4896 0.4762 0.4833
September 0.4863 0.4768 0.4811
October 0.4820 0.4775 0.4799
November 0.4828 0.4745 0.4784
December 0.4817 0.4740 0.4776