YEARLY HIGH
188.3860 HUF
YEARLY LOW
168.2946 HUF
YEARLY AVERAGE
179.5278 HUF

2020 BGN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 188.3860. Conversely, the yearly low was recorded on January 2, dropping to 168.2946.

This high-to-low spread represents a total annual volatility of 20.0914 HUF. From a start-to-finish perspective, comparing the January average rate of 170.8135 to the December average rate of 183.4872, the exchange rate registered a net change of 7.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 188.3860 was up 9.58% compared to the 2019 peak of 171.9129, 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 941,930 HUF
2019 Average 831,527 HUF
Yearly Trough Low 841,473 HUF
Transaction Impact: A difference of 100,456.76 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

186.8011
169.3600
JanuMarcMayJulySeptNove

BGN to HUF 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 176.5783, compared to 182.4773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8990 points.

H1 Avg (Jan–Jun) 176.5783
H2 Avg (Jul–Dec) 182.4773

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 14.5506 HUF (High: 184.7103 / Low: 170.1597). On the other end, February was the most stable month, with a tight range of 2.2341 HUF (High: 173.7851 / Low: 171.5510).

March Spread (Volatile) ±14.5506
February Spread (Stable) ±2.2341

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 2.9401 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.9401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 185.3477) against the same month in 2019 (average: 169.3230), the exchange rate shifted by +16.0247 (+9.46%).

2020 Avg (October) 185.3477
2019 Avg (October) 169.3230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 172.8342 168.2946 170.8135
February 173.7851 171.5510 172.6214
March 184.7103 170.1597 176.5715
April 187.3760 179.5473 182.3268
May 181.4662 177.1097 179.3867
June 182.2138 175.3433 177.7503
July 181.9450 176.0526 179.4641
August 182.1123 176.2088 178.3051
September 187.1383 181.7811 184.2001
October 188.3860 182.0655 185.3477
November 187.7329 181.4457 184.0596
December 186.5468 180.9298 183.4872