2020 BGN to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BGN to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 38178.7947. Conversely, the yearly low was recorded on March 19, dropping to 22973.0592.
This high-to-low spread represents a total annual volatility of 15205.7354 IRR. From a start-to-finish perspective, comparing the January average rate of 23903.1216 to the December average rate of 26200.9651, the exchange rate registered a net change of 9.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 38178.7947 was up 50.64% compared to the 2019 peak of 25345.1349, 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 IRR 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 23723.6560, compared to 25498.4976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1774.8416 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 13982.6186 IRR (High: 38178.7947 / Low: 24196.1761). On the other end, January was the most stable month, with a tight range of 436.2094 IRR (High: 24143.9797 / Low: 23707.7703).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 412.4863 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2020: 25119.7685) against the same month in 2019 (average: 24141.2127), the exchange rate shifted by +978.5559 (+4.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24143.9797 | 23707.7703 | 23903.1216 |
| February | 23892.7416 | 23229.1145 | 23510.7886 |
| March | 24532.1528 | 22973.0592 | 23808.6807 |
| April | 23646.7892 | 23193.7595 | 23396.1944 |
| May | 23908.8415 | 23245.9918 | 23493.3050 |
| June | 24476.5631 | 23969.9415 | 24229.8456 |
| July | 38178.7947 | 24196.1761 | 25119.7685 |
| August | 25720.8151 | 25275.1574 | 25469.2689 |
| September | 25634.0165 | 25010.3950 | 25363.3695 |
| October | 25545.5078 | 25095.3181 | 25337.0943 |
| November | 25752.3566 | 25029.1278 | 25500.5190 |
| December | 26444.3262 | 26003.7105 | 26200.9651 |