YEARLY HIGH
0.4651 GBP
YEARLY LOW
0.4409 GBP
YEARLY AVERAGE
0.4524 GBP

2018 BGN to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 0.4651. Conversely, the yearly low was recorded on April 16, dropping to 0.4409.

This high-to-low spread represents a total annual volatility of 0.0242 GBP. From a start-to-finish perspective, comparing the January average rate of 0.4514 to the December average rate of 0.4591, the exchange rate registered a net change of 1.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4651 was down 1.88% compared to the 2017 peak of 0.4740, 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 2,325 GBP
2017 Average 2,241 GBP
Yearly Trough Low 2,205 GBP
Transaction Impact: A difference of 120.84 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4604
0.4451
JanuMarcMayJulySeptNove

BGN to GBP 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 0.4499, compared to 0.4549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.4499
H2 Avg (Jul–Dec) 0.4549

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0123 GBP (High: 0.4557 / Low: 0.4434). On the other end, June was the most stable month, with a tight range of 0.0062 GBP (High: 0.4526 / Low: 0.4464).

November Spread (Volatile) ±0.0123
June Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0056 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.4584) against the same month in 2017 (average: 0.4665), the exchange rate shifted by -0.0081 (-1.73%).

2018 Avg (August) 0.4584
2017 Avg (August) 0.4665

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4553 0.4455 0.4514
February 0.4548 0.4483 0.4520
March 0.4564 0.4451 0.4513
April 0.4503 0.4409 0.4463
May 0.4525 0.4457 0.4491
June 0.4526 0.4464 0.4491
July 0.4572 0.4505 0.4537
August 0.4651 0.4547 0.4584
September 0.4619 0.4531 0.4568
October 0.4566 0.4461 0.4512
November 0.4557 0.4434 0.4504
December 0.4633 0.4537 0.4591