2024 BGN to INR Historical Review

YEARLY HIGH

47.9979 INR

YEARLY LOW

44.9681 INR

YEARLY AVERAGE

46.2933 INR

2024 BGN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 47.9979. Conversely, the yearly low was recorded on November 22, dropping to 44.9681.

This high-to-low spread represents a total annual volatility of 3.0298 INR. From a start-to-finish perspective, comparing the January average rate of 46.3538 to the December average rate of 45.5204, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 47.9979 was up 1.54% compared to the 2023 peak of 47.2689, 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 239,989 INR

2023 Average 228,382 INR

Yearly Trough Low 224,840 INR

Transaction Impact: A difference of 15,148.91 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

47.8051

45.3127

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 46.0114, compared to 46.5752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5639 points.

H1 Avg (Jan–Jun) 46.0114

H2 Avg (Jul–Dec) 46.5752

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.0205 INR (High: 46.9886 / Low: 44.9681). On the other end, September was the most stable month, with a tight range of 0.5183 INR (High: 47.8076 / Low: 47.2893).

November Spread (Volatile) ±2.0205

September Spread (Stable) ±0.5183

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 0.9832 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9832

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 47.2793) against the same month in 2023 (average: 46.2037), the exchange rate shifted by +1.0756 (+2.33%).

2024 Avg (August) 47.2793

2023 Avg (August) 46.2037

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.9641	45.9651	46.3538
February	46.1133	45.5198	45.7878
March	46.4365	45.8932	46.1642
April	46.2875	45.3604	45.7388
May	46.3874	45.5041	46.0834
June	46.5484	45.6447	45.9402
July	46.7037	45.8067	46.3894
August	47.9979	46.1981	47.2793
September	47.8076	47.2893	47.5974
October	47.4715	46.3210	46.8240
November	46.9886	44.9681	45.8408
December	45.8345	45.1108	45.5204