YEARLY HIGH
43.9757 INR
YEARLY LOW
38.8135 INR
YEARLY AVERAGE
41.2573 INR

2018 BGN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 43.9757. Conversely, the yearly low was recorded on January 8, dropping to 38.8135.

This high-to-low spread represents a total annual volatility of 5.1622 INR. From a start-to-finish perspective, comparing the January average rate of 39.7018 to the December average rate of 41.1455, the exchange rate registered a net change of 3.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 43.9757 was up 10.92% compared to the 2017 peak of 39.6448, 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 219,879 INR
2017 Average 187,999 INR
Yearly Trough Low 194,067 INR
Transaction Impact: A difference of 25,811.19 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

43.6044
39.3470
JanuMarcMayJulySeptNove

BGN to INR 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 40.6525, compared to 41.8621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2096 points.

H1 Avg (Jan–Jun) 40.6525
H2 Avg (Jul–Dec) 41.8621

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 2.4549 INR (High: 42.7568 / Low: 40.3019). On the other end, March was the most stable month, with a tight range of 0.3762 INR (High: 41.2029 / Low: 40.8266).

November Spread (Volatile) ±2.4549
March Spread (Stable) ±0.3762

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 October and November, when the average rate fell by 1.5084 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 43.2496) against the same month in 2017 (average: 39.0899), the exchange rate shifted by +4.1598 (+10.64%).

2018 Avg (October) 43.2496
2017 Avg (October) 39.0899

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.4424 38.8135 39.7018
February 40.9692 40.2178 40.6994
March 41.2029 40.8266 41.0031
April 41.7353 40.5891 41.2099
May 41.4035 40.0711 40.8326
June 40.8772 39.8959 40.4685
July 41.2942 40.7304 41.0487
August 42.4185 40.2834 41.0256
September 43.6808 42.1309 42.9620
October 43.9757 42.5881 43.2496
November 42.7568 40.3019 41.7413
December 42.1414 40.3034 41.1455