YEARLY HIGH
3.8187 CNY
YEARLY LOW
3.4485 CNY
YEARLY AVERAGE
3.6198 CNY

2022 BGN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 3.8187. Conversely, the yearly low was recorded on July 11, dropping to 3.4485.

This high-to-low spread represents a total annual volatility of 0.3702 CNY. From a start-to-finish perspective, comparing the January average rate of 3.6784 to the December average rate of 3.7732, the exchange rate registered a net change of 2.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.8187 was down 6.40% compared to the 2021 peak of 4.0800, 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 19,094 CNY
2021 Average 19,514 CNY
Yearly Trough Low 17,243 CNY
Transaction Impact: A difference of 1,851.10 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.7996
3.4818
JanuMarcMayJulySeptNove

BGN to CNY 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 3.6207, compared to 3.6189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 3.6207
H2 Avg (Jul–Dec) 3.6189

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1807 CNY (High: 3.8187 / Low: 3.6380). On the other end, December was the most stable month, with a tight range of 0.0663 CNY (High: 3.7996 / Low: 3.7333).

November Spread (Volatile) ±0.1807
December Spread (Stable) ±0.0663

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1097 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 3.7459) against the same month in 2021 (average: 3.7271), the exchange rate shifted by +0.0188 (+0.50%).

2022 Avg (November) 3.7459
2021 Avg (November) 3.7271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.7248 3.6251 3.6784
February 3.7205 3.6196 3.6799
March 3.6221 3.5086 3.5710
April 3.5950 3.5229 3.5558
May 3.6983 3.5511 3.6210
June 3.6626 3.5800 3.6180
July 3.5677 3.4485 3.5083
August 3.5618 3.4801 3.5177
September 3.5925 3.5121 3.5523
October 3.7176 3.5444 3.6160
November 3.8187 3.6380 3.7459
December 3.7996 3.7333 3.7732