2022 BGN to GNF Historical Review

YEARLY HIGH

5413.9887 GNF

YEARLY LOW

4255.0739 GNF

YEARLY AVERAGE

4750.9465 GNF

2022 BGN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 5413.9887. Conversely, the yearly low was recorded on September 27, dropping to 4255.0739.

This high-to-low spread represents a total annual volatility of 1158.9148 GNF. From a start-to-finish perspective, comparing the January average rate of 5264.7413 to the December average rate of 4705.2199, the exchange rate registered a net change of -10.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 5413.9887 was down 15.98% compared to the 2021 peak of 6443.4067, 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 27,069,944 GNF

2021 Average 29,774,715 GNF

Yearly Trough Low 21,275,370 GNF

Transaction Impact: A difference of 5,794,573.79 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

5354.5740

4276.5815

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 4996.4805, compared to 4505.4125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 491.0681 points.

H1 Avg (Jan–Jun) 4996.4805

H2 Avg (Jul–Dec) 4505.4125

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 377.7905 GNF (High: 4683.3422 / Low: 4305.5517). On the other end, March was the most stable month, with a tight range of 121.1079 GNF (High: 5105.6316 / Low: 4984.5237).

November Spread (Volatile) ±377.7905

March Spread (Stable) ±121.1079

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 230.3944 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -230.3944

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 5264.7413) against the same month in 2021 (average: 6351.1117), the exchange rate shifted by -1086.3704 (-17.11%).

2022 Avg (January) 5264.7413

2021 Avg (January) 6351.1117

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5413.9887	5137.3112	5264.7413
February	5314.9711	5140.3895	5230.5595
March	5105.6316	4984.5237	5034.5627
April	5053.7335	4747.4204	4921.2202
May	4873.3166	4676.4687	4772.8049
June	4870.2672	4638.3431	4754.9946
July	4624.2944	4448.5835	4524.6002
August	4615.6259	4408.8889	4496.2896
September	4494.2609	4255.0739	4404.1256
October	4447.0841	4298.1680	4366.4142
November	4683.3422	4305.5517	4535.8254
December	4799.8117	4605.7345	4705.2199