2018 BGN to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BGN to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 57.0946. Conversely, the yearly low was recorded on June 14, dropping to 55.3581.
This high-to-low spread represents a total annual volatility of 1.7366 CVE. From a start-to-finish perspective, comparing the January average rate of 56.6326 to the December average rate of 56.5141, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 57.0946 was up 0.02% compared to the 2017 peak of 57.0809, 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 2018.
BGN to CVE 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 56.5766, compared to 56.5066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0700 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 1.7366 CVE (High: 57.0946 / Low: 55.3581). On the other end, March was the most stable month, with a tight range of 0.4247 CVE (High: 56.8521 / Low: 56.4274).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1275 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 56.5669) against the same month in 2017 (average: 56.5885), the exchange rate shifted by -0.0217 (-0.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 57.0629 | 56.0929 | 56.6326 |
| February | 56.9892 | 56.3471 | 56.6044 |
| March | 56.8521 | 56.4274 | 56.5750 |
| April | 56.7929 | 56.3523 | 56.6041 |
| May | 56.8097 | 56.1019 | 56.4766 |
| June | 57.0946 | 55.3581 | 56.5669 |
| July | 56.9240 | 56.0809 | 56.5331 |
| August | 56.8363 | 55.6325 | 56.4991 |
| September | 57.0587 | 56.0769 | 56.4792 |
| October | 56.9297 | 55.8740 | 56.5551 |
| November | 56.8098 | 55.8833 | 56.4590 |
| December | 56.7215 | 56.2193 | 56.5141 |