2020 BGN to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BGN to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BGN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 9329.0400. Conversely, the yearly low was recorded on January 27, dropping to 7447.9853.
This high-to-low spread represents a total annual volatility of 1881.0547 IDR. From a start-to-finish perspective, comparing the January average rate of 7789.0850 to the December average rate of 8783.3375, the exchange rate registered a net change of 12.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 9329.0400 was up 10.36% compared to the 2019 peak of 8453.2497, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BGN to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8207.3581, compared to 8759.9254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 552.5673 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1459.7709 IDR (High: 9329.0400 / Low: 7869.2691). On the other end, December was the most stable month, with a tight range of 139.9655 IDR (High: 8850.1766 / Low: 8710.2111).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 472.7836 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 8571.9567) against the same month in 2019 (average: 8213.7489), the exchange rate shifted by +358.2077 (+4.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7966.9302 | 7447.9853 | 7789.0850 |
| February | 7890.6203 | 7544.3530 | 7676.8749 |
| March | 9329.0400 | 7869.2691 | 8571.9567 |
| April | 9203.8310 | 8477.6390 | 8753.8399 |
| May | 8520.2177 | 8176.5832 | 8281.0563 |
| June | 8397.9915 | 8045.2219 | 8171.3359 |
| July | 8888.6988 | 8210.2702 | 8510.1229 |
| August | 9034.6200 | 8745.3051 | 8885.4813 |
| September | 9096.7608 | 8823.5759 | 8932.3671 |
| October | 8912.7880 | 8696.1649 | 8847.8779 |
| November | 8724.7429 | 8474.4504 | 8600.3655 |
| December | 8850.1766 | 8710.2111 | 8783.3375 |