2023 BGN to KGS Historical Review

YEARLY HIGH

50.5387 KGS

YEARLY LOW

45.2342 KGS

YEARLY AVERAGE

48.5905 KGS

2023 BGN to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 50.5387. Conversely, the yearly low was recorded on January 5, dropping to 45.2342.

This high-to-low spread represents a total annual volatility of 5.3045 KGS. From a start-to-finish perspective, comparing the January average rate of 47.1916 to the December average rate of 49.7651, the exchange rate registered a net change of 5.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 50.5387 was down 12.89% compared to the 2022 peak of 58.0178, 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 252,694 KGS

2022 Average 227,304 KGS

Yearly Trough Low 226,171 KGS

Transaction Impact: A difference of 26,522.50 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

50.0225

46.9343

JanuMarcMayJulySeptNove

BGN to KGS 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 48.1355, compared to 49.0455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9100 points.

H1 Avg (Jan–Jun) 48.1355

H2 Avg (Jul–Dec) 49.0455

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.7761 KGS (High: 48.0103 / Low: 45.2342). On the other end, August was the most stable month, with a tight range of 0.7727 KGS (High: 49.4683 / Low: 48.6956).

January Spread (Volatile) ±2.7761

August Spread (Stable) ±0.7727

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 August and September, when the average rate fell by 0.7914 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7914

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 49.7651) against the same month in 2022 (average: 46.0723), the exchange rate shifted by +3.6928 (+8.02%).

2023 Avg (December) 49.7651

2022 Avg (December) 46.0723

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.0103	45.2342	47.1916
February	48.0883	47.1475	47.5698
March	48.6970	47.1517	47.8771
April	49.4841	48.6520	49.0856
May	49.5364	47.8767	48.6017
June	49.0414	47.7964	48.4874
July	50.5320	48.6108	49.5964
August	49.4683	48.6956	49.1254
September	48.7382	47.6453	48.3340
October	48.7169	47.4658	48.1349
November	49.9883	48.3089	49.3175
December	50.5387	49.1271	49.7651