2024 BGN to GYD Historical Review

YEARLY HIGH

119.7766 GYD

YEARLY LOW

110.9037 GYD

YEARLY AVERAGE

115.7594 GYD

2024 BGN to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 119.7766. Conversely, the yearly low was recorded on December 19, dropping to 110.9037.

This high-to-low spread represents a total annual volatility of 8.8729 GYD. From a start-to-finish perspective, comparing the January average rate of 116.7239 to the December average rate of 111.9847, the exchange rate registered a net change of -4.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 119.7766 was down 0.76% compared to the 2023 peak of 120.6887, 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 598,883 GYD

2023 Average 581,251 GYD

Yearly Trough Low 554,519 GYD

Transaction Impact: A difference of 44,364.45 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

119.5320

111.2986

JanuMarcMayJulySeptNove

BGN to GYD 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 115.6839, compared to 115.8350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1511 points.

H1 Avg (Jan–Jun) 115.6839

H2 Avg (Jul–Dec) 115.8350

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 5.4610 GYD (High: 116.8949 / Low: 111.4339). On the other end, February was the most stable month, with a tight range of 1.7733 GYD (High: 116.4229 / Low: 114.6496).

November Spread (Volatile) ±5.4610

February Spread (Stable) ±1.7733

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 2.9265 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.9265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 116.3550) against the same month in 2023 (average: 115.3892), the exchange rate shifted by +0.9659 (+0.84%).

2024 Avg (March) 116.3550

2023 Avg (March) 115.3892

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	118.5169	115.5810	116.7239
February	116.4229	114.6496	115.5038
March	119.7766	115.3405	116.3550
April	116.2591	113.5837	114.7390
May	116.4319	114.1985	115.6490
June	116.5386	114.0605	115.1325
July	116.8655	114.8577	116.0496
August	119.7442	115.3150	117.8183
September	119.6640	117.7545	118.8458
October	118.2515	115.1657	116.6190
November	116.8949	111.4339	113.6924
December	113.3146	110.9037	111.9847