2020 BGN to GNF Historical Review

YEARLY HIGH

6286.8473 GNF

YEARLY LOW

5143.7574 GNF

YEARLY AVERAGE

5617.2937 GNF

2020 BGN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 6286.8473. Conversely, the yearly low was recorded on March 21, dropping to 5143.7574.

This high-to-low spread represents a total annual volatility of 1143.0899 GNF. From a start-to-finish perspective, comparing the January average rate of 5384.3399 to the December average rate of 6188.0028, the exchange rate registered a net change of 14.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 6286.8473 was up 14.63% compared to the 2019 peak of 5484.3865, 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 31,434,236 GNF

2019 Average 26,413,961 GNF

Yearly Trough Low 25,718,787 GNF

Transaction Impact: A difference of 5,715,449.34 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

6279.2572

5184.2039

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 5347.6462, compared to 5886.9413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 539.2951 points.

H1 Avg (Jan–Jun) 5347.6462

H2 Avg (Jul–Dec) 5886.9413

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 389.4212 GNF (High: 5533.1786 / Low: 5143.7574). On the other end, September was the most stable month, with a tight range of 99.0812 GNF (High: 5881.6770 / Low: 5782.5958).

March Spread (Volatile) ±389.4212

September Spread (Stable) ±99.0812

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 96.7030 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -96.7030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 6188.0028) against the same month in 2019 (average: 5385.2580), the exchange rate shifted by +802.7448 (+14.91%).

2020 Avg (December) 6188.0028

2019 Avg (December) 5385.2580

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5504.2944	5296.9683	5384.3399
February	5400.7227	5226.9834	5287.6369
March	5533.1786	5143.7574	5357.1004
April	5328.7995	5206.2309	5275.4583
May	5410.2239	5198.5780	5284.4655
June	5571.5064	5422.6650	5496.8761
July	5835.3233	5528.2559	5640.4859
August	5890.6792	5782.9753	5833.6826
September	5881.6770	5782.5958	5843.5950
October	5944.4232	5826.0714	5885.5422
November	6008.2925	5818.8275	5930.3391
December	6286.8473	6078.9508	6188.0028