2024 BGN to EUR Historical Review

YEARLY HIGH

0.5137 EUR

YEARLY LOW

0.5084 EUR

YEARLY AVERAGE

0.5113 EUR

2024 BGN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.5137. Conversely, the yearly low was recorded on November 24, dropping to 0.5084.

This high-to-low spread represents a total annual volatility of 0.0053 EUR. From a start-to-finish perspective, comparing the January average rate of 0.5112 to the December average rate of 0.5114, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5137 was down 0.44% compared to the 2023 peak of 0.5160, 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 2,569 EUR

2023 Average 2,555 EUR

Yearly Trough Low 2,542 EUR

Transaction Impact: A difference of 26.59 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5114

0.5112

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 0.5113, compared to 0.5113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.5113

H2 Avg (Jul–Dec) 0.5113

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0048 EUR (High: 0.5132 / Low: 0.5084). On the other end, October was the most stable month, with a tight range of 0.0011 EUR (High: 0.5117 / Low: 0.5106).

November Spread (Volatile) ±0.0048

October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.5114) against the same month in 2023 (average: 0.5106), the exchange rate shifted by +0.0008 (+0.15%).

2024 Avg (April) 0.5114

2023 Avg (April) 0.5106

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5122	0.5107	0.5112
February	0.5117	0.5105	0.5112
March	0.5126	0.5089	0.5113
April	0.5137	0.5105	0.5114
May	0.5122	0.5090	0.5112
June	0.5129	0.5104	0.5113
July	0.5128	0.5104	0.5112
August	0.5118	0.5104	0.5113
September	0.5121	0.5090	0.5112
October	0.5117	0.5106	0.5112
November	0.5132	0.5084	0.5112
December	0.5134	0.5103	0.5114