2018 BGN to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BGN to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BGN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 114.1521. Conversely, the yearly low was recorded on November 12, dropping to 102.2020.
This high-to-low spread represents a total annual volatility of 11.9501 DJF. From a start-to-finish perspective, comparing the January average rate of 111.4745 to the December average rate of 103.5450, the exchange rate registered a net change of -7.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 114.1521 was up 3.67% compared to the 2017 peak of 110.1065, 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 DJF 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 109.9915, compared to 104.8361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1554 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 4.1519 DJF (High: 113.4796 / Low: 109.3277). On the other end, July was the most stable month, with a tight range of 1.1660 DJF (High: 106.9904 / Low: 105.8245).
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 3.5804 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 112.1343) against the same month in 2017 (average: 97.3545), the exchange rate shifted by +14.7798 (+15.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 113.4796 | 109.3277 | 111.4745 |
| February | 114.1521 | 110.3474 | 112.1343 |
| March | 112.7103 | 110.8337 | 111.6316 |
| April | 112.1264 | 109.2581 | 111.0054 |
| May | 108.7182 | 105.1475 | 107.4250 |
| June | 107.5158 | 105.3189 | 106.2785 |
| July | 106.9904 | 105.8245 | 106.3700 |
| August | 106.6289 | 103.2737 | 105.0303 |
| September | 107.1375 | 105.1969 | 106.0831 |
| October | 105.5093 | 102.9790 | 104.5570 |
| November | 104.2673 | 102.2020 | 103.4313 |
| December | 104.2686 | 102.8962 | 103.5450 |