YEARLY HIGH
29.4049 GMD
YEARLY LOW
27.9956 GMD
YEARLY AVERAGE
28.6698 GMD

2019 BGN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 29.4049. Conversely, the yearly low was recorded on September 26, dropping to 27.9956.

This high-to-low spread represents a total annual volatility of 1.4093 GMD. From a start-to-finish perspective, comparing the January average rate of 28.8958 to the December average rate of 29.1623, the exchange rate registered a net change of 0.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 29.4049 was down 4.98% compared to the 2018 peak of 30.9467, 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 147,025 GMD
2018 Average 145,151 GMD
Yearly Trough Low 139,978 GMD
Transaction Impact: A difference of 7,046.54 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

29.2421
28.2848
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 28.6294, compared to 28.7101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0807 points.

H1 Avg (Jan–Jun) 28.6294
H2 Avg (Jul–Dec) 28.7101

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 1.0063 GMD (High: 29.1952 / Low: 28.1888). On the other end, May was the most stable month, with a tight range of 0.2375 GMD (High: 28.4990 / Low: 28.2615).

October Spread (Volatile) ±1.0063
May Spread (Stable) ±0.2375

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.2081 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 29.1623) against the same month in 2018 (average: 28.7713), the exchange rate shifted by +0.3910 (+1.36%).

2019 Avg (December) 29.1623
2018 Avg (December) 28.7713

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.2433 28.5913 28.8958
February 28.9788 28.5498 28.7502
March 28.9848 28.3434 28.6649
April 28.6455 28.2653 28.4568
May 28.4990 28.2615 28.3929
June 28.9503 28.3193 28.6160
July 28.7172 28.2720 28.5873
August 28.7380 28.3188 28.5278
September 28.6431 27.9956 28.3645
October 29.1952 28.1888 28.6880
November 29.2458 28.6584 28.9307
December 29.4049 28.8320 29.1623