YEARLY HIGH
5761.6218 GNF
YEARLY LOW
5210.6004 GNF
YEARLY AVERAGE
5465.9130 GNF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 28,808,109 GNF
2017 Average 26,342,384 GNF
Yearly Trough Low 26,053,002 GNF
Transaction Impact: A difference of 2,755,107.26 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5727.5023
5253.6456
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 5581.9949
H2 Avg (Jul–Dec) 5349.8311

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±224.7447
July Spread (Stable) ±74.6488

Growth Streaks & Declines

Trends

No 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.

Longest Streak 1 Mo.
Sharpest MoM Drop -208.3106

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (February) 5688.0142
2017 Avg (February) 5102.0344

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