YEARLY HIGH
0.5150 EUR
YEARLY LOW
0.5049 EUR
YEARLY AVERAGE
0.5111 EUR

2019 BGN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.5150. Conversely, the yearly low was recorded on June 22, dropping to 0.5049.

This high-to-low spread represents a total annual volatility of 0.0101 EUR. From a start-to-finish perspective, comparing the January average rate of 0.5112 to the December average rate of 0.5113, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5150 was up 0.32% compared to the 2018 peak of 0.5134, 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 2,575 EUR
2018 Average 2,556 EUR
Yearly Trough Low 2,525 EUR
Transaction Impact: A difference of 50.36 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5114
0.5106
JanuMarcMayJulySeptNove

BGN to EUR 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 0.5111, compared to 0.5111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.5111
H2 Avg (Jul–Dec) 0.5111

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0079 EUR (High: 0.5150 / Low: 0.5071). On the other end, November was the most stable month, with a tight range of 0.0005 EUR (High: 0.5117 / Low: 0.5112).

September Spread (Volatile) ±0.0079
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.5109) against the same month in 2018 (average: 0.5113), the exchange rate shifted by -0.0003 (-0.06%).

2019 Avg (September) 0.5109
2018 Avg (September) 0.5113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5135 0.5102 0.5112
February 0.5119 0.5100 0.5112
March 0.5122 0.5107 0.5113
April 0.5120 0.5080 0.5109
May 0.5120 0.5101 0.5112
June 0.5122 0.5049 0.5108
July 0.5119 0.5103 0.5113
August 0.5135 0.5072 0.5107
September 0.5150 0.5071 0.5109
October 0.5119 0.5104 0.5112
November 0.5117 0.5112 0.5114
December 0.5120 0.5105 0.5113