2013 BGN to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 BGN to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the BGN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 13.5292. Conversely, the yearly low was recorded on March 21, dropping to 12.0292.
This high-to-low spread represents a total annual volatility of 1.5000 ETB. From a start-to-finish perspective, comparing the January average rate of 12.4296 to the December average rate of 13.3686, the exchange rate registered a net change of 7.55% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 13.5292 was up 9.17% compared to the 2012 peak of 12.3927, 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 2013.
BGN to ETB 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 12.4165, compared to 12.9865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5700 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was January, with a trading range of 0.4950 ETB (High: 12.6878 / Low: 12.1929). On the other end, August was the most stable month, with a tight range of 0.1923 ETB (High: 12.8913 / Low: 12.6989).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3395 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2013: 13.3686) against the same month in 2012 (average: 12.2249), the exchange rate shifted by +1.1437 (+9.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.6878 | 12.1929 | 12.4296 |
| February | 12.7870 | 12.3277 | 12.5617 |
| March | 12.3423 | 12.0292 | 12.2223 |
| April | 12.4647 | 12.1085 | 12.3336 |
| May | 12.5089 | 12.2302 | 12.3563 |
| June | 12.8100 | 12.3866 | 12.5957 |
| July | 12.7541 | 12.2976 | 12.5404 |
| August | 12.8913 | 12.6989 | 12.8063 |
| September | 13.0681 | 12.6721 | 12.8834 |
| October | 13.3849 | 13.0261 | 13.2038 |
| November | 13.2618 | 13.0053 | 13.1166 |
| December | 13.5292 | 13.2013 | 13.3686 |