2019 BGN to GNF Historical Review

YEARLY HIGH

5484.3865 GNF

YEARLY LOW

5084.0513 GNF

YEARLY AVERAGE

5282.8834 GNF

2019 BGN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 5484.3865. Conversely, the yearly low was recorded on November 12, dropping to 5084.0513.

This high-to-low spread represents a total annual volatility of 400.3351 GNF. From a start-to-finish perspective, comparing the January average rate of 5347.6340 to the December average rate of 5385.2580, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 5484.3865 was down 4.81% compared to the 2018 peak of 5761.6218, 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 27,421,932 GNF

2018 Average 27,322,036 GNF

Yearly Trough Low 25,420,257 GNF

Transaction Impact: A difference of 2,001,675.70 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

5404.7098

5171.2878

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 5299.9082, compared to 5265.8587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 34.0495 points.

H1 Avg (Jan–Jun) 5299.9082

H2 Avg (Jul–Dec) 5265.8587

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 287.3219 GNF (High: 5371.3733 / Low: 5084.0513). On the other end, September was the most stable month, with a tight range of 80.3782 GNF (High: 5227.6906 / Low: 5147.3124).

November Spread (Volatile) ±287.3219

September Spread (Stable) ±80.3782

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 July and August, when the average rate fell by 46.7564 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -46.7564

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 5385.2580) against the same month in 2018 (average: 5324.8240), the exchange rate shifted by +60.4339 (+1.13%).

2019 Avg (December) 5385.2580

2018 Avg (December) 5324.8240

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5397.1290	5285.6568	5347.6340
February	5387.9499	5266.2366	5323.7604
March	5361.5565	5232.1889	5304.5876
April	5327.8582	5200.0210	5266.7094
May	5300.4752	5202.4965	5255.1885
June	5358.2631	5219.9012	5301.5691
July	5315.3047	5208.3421	5278.5605
August	5293.4150	5167.6370	5231.8041
September	5227.6906	5147.3124	5190.7396
October	5275.6074	5143.3852	5225.6379
November	5371.3733	5084.0513	5283.1519
December	5484.3865	5338.8453	5385.2580