2018 BGN to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BGN to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 5761.6218. Conversely, the yearly low was recorded on November 12, dropping to 5210.6004.
This high-to-low spread represents a total annual volatility of 551.0215 GNF. From a start-to-finish perspective, comparing the January average rate of 5619.1852 to the December average rate of 5324.8240, the exchange rate registered a net change of -5.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 5761.6218 was up 4.13% compared to the 2017 peak of 5533.1022, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BGN to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5581.9949, compared to 5349.8311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 232.1638 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 224.7447 GNF (High: 5727.4462 / Low: 5502.7016). On the other end, July was the most stable month, with a tight range of 74.6488 GNF (High: 5452.2684 / Low: 5377.6196).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 208.3106 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 5688.0142) against the same month in 2017 (average: 5102.0344), the exchange rate shifted by +585.9798 (+11.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5727.4462 | 5502.7016 | 5619.1852 |
| February | 5761.6218 | 5610.8851 | 5688.0142 |
| March | 5737.2080 | 5640.1463 | 5679.2343 |
| April | 5720.4507 | 5569.3526 | 5660.4840 |
| May | 5525.5161 | 5319.4003 | 5452.1734 |
| June | 5457.8557 | 5341.6689 | 5392.8785 |
| July | 5452.2684 | 5377.6196 | 5409.2077 |
| August | 5422.5560 | 5225.6046 | 5337.4697 |
| September | 5466.2544 | 5348.0136 | 5400.4777 |
| October | 5397.0679 | 5254.2978 | 5333.8739 |
| November | 5368.5968 | 5210.6004 | 5293.1337 |
| December | 5392.0908 | 5277.3403 | 5324.8240 |