YEARLY HIGH
33.9184 GMD
YEARLY LOW
27.1328 GMD
YEARLY AVERAGE
29.8242 GMD

2022 BGN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 33.9184. Conversely, the yearly low was recorded on September 25, dropping to 27.1328.

This high-to-low spread represents a total annual volatility of 6.7856 GMD. From a start-to-finish perspective, comparing the January average rate of 30.5619 to the December average rate of 33.5812, the exchange rate registered a net change of 9.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 33.9184 was up 4.08% compared to the 2021 peak of 32.5903, 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 169,592 GMD
2021 Average 155,777 GMD
Yearly Trough Low 135,664 GMD
Transaction Impact: A difference of 33,928.11 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

34.1606
27.2078
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 29.9563, compared to 29.6920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2642 points.

H1 Avg (Jan–Jun) 29.9563
H2 Avg (Jul–Dec) 29.6920

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 3.7792 GMD (High: 32.9757 / Low: 29.1965). On the other end, February was the most stable month, with a tight range of 0.6568 GMD (High: 31.0417 / Low: 30.3849).

November Spread (Volatile) ±3.7792
February Spread (Stable) ±0.6568

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 June and July, when the average rate fell by 1.0698 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 33.5812) against the same month in 2021 (average: 30.3471), the exchange rate shifted by +3.2341 (+10.66%).

2022 Avg (December) 33.5812
2021 Avg (December) 30.3471

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.0131 29.9710 30.5619
February 31.0417 30.3849 30.8248
March 30.7844 29.5860 30.1221
April 30.4435 28.9084 29.8338
May 29.8424 28.4153 29.1665
June 29.7306 28.8258 29.2286
July 28.8023 27.7100 28.1589
August 28.6801 27.6547 28.1166
September 28.2278 27.1328 27.7872
October 29.9378 27.5866 28.5223
November 32.9757 29.1965 31.9861
December 33.9184 33.1183 33.5812