YEARLY HIGH
0.5165 EUR
YEARLY LOW
0.5057 EUR
YEARLY AVERAGE
0.5112 EUR

2022 BGN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.5165. Conversely, the yearly low was recorded on September 10, dropping to 0.5057.

This high-to-low spread represents a total annual volatility of 0.0108 EUR. From a start-to-finish perspective, comparing the January average rate of 0.5112 to the December average rate of 0.5106, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5165 was up 0.36% compared to the 2021 peak of 0.5146, 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 2,583 EUR
2021 Average 2,556 EUR
Yearly Trough Low 2,528 EUR
Transaction Impact: A difference of 54.24 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5117
0.5105
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 0.5114, compared to 0.5111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.5114
H2 Avg (Jul–Dec) 0.5111

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0108 EUR (High: 0.5165 / Low: 0.5057). On the other end, January was the most stable month, with a tight range of 0.0016 EUR (High: 0.5119 / Low: 0.5103).

September Spread (Volatile) ±0.0108
January Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.5113) against the same month in 2021 (average: 0.5117), the exchange rate shifted by -0.0003 (-0.07%).

2022 Avg (September) 0.5113
2021 Avg (September) 0.5117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5119 0.5103 0.5112
February 0.5151 0.5105 0.5116
March 0.5135 0.5100 0.5113
April 0.5137 0.5102 0.5115
May 0.5120 0.5100 0.5111
June 0.5126 0.5105 0.5114
July 0.5124 0.5091 0.5110
August 0.5129 0.5101 0.5113
September 0.5165 0.5057 0.5113
October 0.5119 0.5102 0.5113
November 0.5134 0.5087 0.5112
December 0.5125 0.5066 0.5106