2018 BGN to ETB Historical Review

YEARLY HIGH

17.6278 ETB

YEARLY LOW

16.0217 ETB

YEARLY AVERAGE

16.7093 ETB

2018 BGN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 17.6278. Conversely, the yearly low was recorded on November 12, dropping to 16.0217.

This high-to-low spread represents a total annual volatility of 1.6061 ETB. From a start-to-finish perspective, comparing the January average rate of 17.1246 to the December average rate of 16.4004, the exchange rate registered a net change of -4.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 17.6278 was up 4.97% compared to the 2017 peak of 16.7939, 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 88,139 ETB

2017 Average 69,404 ETB

Yearly Trough Low 80,108 ETB

Transaction Impact: A difference of 8,030.51 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

17.4768

16.1571

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 17.0279, compared to 16.3907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6373 points.

H1 Avg (Jan–Jun) 17.0279

H2 Avg (Jul–Dec) 16.3907

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.7845 ETB (High: 17.5239 / Low: 16.7394). On the other end, July was the most stable month, with a tight range of 0.2237 ETB (High: 16.5907 / Low: 16.3670).

January Spread (Volatile) ±0.7845

July Spread (Stable) ±0.2237

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 0.6045 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.6045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 17.3668) against the same month in 2017 (average: 12.3360), the exchange rate shifted by +5.0309 (+40.78%).

2018 Avg (February) 17.3668

2017 Avg (February) 12.3360

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.5239	16.7394	17.1246
February	17.6278	17.1659	17.3668
March	17.5433	17.1907	17.3373
April	17.3974	17.0027	17.2450
May	16.8929	16.2673	16.6405
June	16.6482	16.3042	16.4533
July	16.5907	16.3670	16.4796
August	16.5549	16.0259	16.3054
September	16.7984	16.2690	16.5179
October	16.5524	16.0797	16.3735
November	16.3882	16.0217	16.2671
December	16.6324	16.1966	16.4004