YEARLY HIGH
57.0946 CVE
YEARLY LOW
55.3581 CVE
YEARLY AVERAGE
56.5416 CVE

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 285,473 CVE
2017 Average 282,805 CVE
Yearly Trough Low 276,790 CVE
Transaction Impact: A difference of 8,682.87 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

56.6499
56.4416
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 56.5766
H2 Avg (Jul–Dec) 56.5066

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±1.7366
March Spread (Stable) ±0.4247

Growth Streaks & Declines

Trends

No 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.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1275

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (June) 56.5669
2017 Avg (June) 56.5885

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