YEARLY HIGH
30.9467 GMD
YEARLY LOW
27.8567 GMD
YEARLY AVERAGE
29.0356 GMD

2018 BGN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 30.9467. Conversely, the yearly low was recorded on May 29, dropping to 27.8567.

This high-to-low spread represents a total annual volatility of 3.0900 GMD. From a start-to-finish perspective, comparing the January average rate of 29.9449 to the December average rate of 28.7713, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 30.9467 was up 5.79% compared to the 2017 peak of 29.2536, 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 154,733 GMD
2017 Average 132,517 GMD
Yearly Trough Low 139,284 GMD
Transaction Impact: A difference of 15,449.88 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

30.1219
27.9983
JanuMarcMayJulySeptNove

BGN to GMD 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 29.3333, compared to 28.7378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5955 points.

H1 Avg (Jan–Jun) 29.3333
H2 Avg (Jul–Dec) 28.7378

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.8325 GMD (High: 30.9467 / Low: 29.1141). On the other end, December was the most stable month, with a tight range of 0.3168 GMD (High: 28.9521 / Low: 28.6353).

January Spread (Volatile) ±1.8325
December Spread (Stable) ±0.3168

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 1.1132 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 29.9449) against the same month in 2017 (average: 23.6660), the exchange rate shifted by +6.2789 (+26.53%).

2018 Avg (January) 29.9449
2017 Avg (January) 23.6660

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.9467 29.1141 29.9449
February 30.6504 29.4384 29.8944
March 30.1707 29.5759 29.8280
April 29.8915 29.1164 29.6353
May 28.9159 27.8567 28.5221
June 28.5003 27.8915 28.1752
July 28.8208 28.0675 28.5127
August 28.7608 27.9241 28.3783
September 29.5128 28.3804 28.9149
October 29.3222 28.6085 29.0609
November 29.0068 28.4564 28.7887
December 28.9521 28.6353 28.7713