2024 BGN to KGS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BGN to KGS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BGN to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 50.2844. Conversely, the yearly low was recorded on November 22, dropping to 46.0660.
This high-to-low spread represents a total annual volatility of 4.2184 KGS. From a start-to-finish perspective, comparing the January average rate of 49.7817 to the December average rate of 46.5398, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 50.2844 was down 0.50% compared to the 2023 peak of 50.5387, 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 2024.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 49.0670, compared to 47.3463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7206 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 2.5689 KGS (High: 48.9246 / Low: 46.3558). On the other end, February was the most stable month, with a tight range of 0.6521 KGS (High: 49.6599 / Low: 49.0077).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.8932 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 49.7817) against the same month in 2023 (average: 47.1916), the exchange rate shifted by +2.5901 (+5.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 50.2844 | 49.4331 | 49.7817 |
| February | 49.6599 | 49.0077 | 49.3437 |
| March | 50.0942 | 49.3523 | 49.7283 |
| April | 49.5599 | 48.3983 | 48.8350 |
| May | 49.1208 | 48.3823 | 48.7847 |
| June | 48.8555 | 47.2230 | 47.9284 |
| July | 47.6649 | 46.4639 | 47.1861 |
| August | 48.9246 | 46.3558 | 48.0061 |
| September | 48.1757 | 47.4057 | 47.8987 |
| October | 47.8422 | 47.1100 | 47.5302 |
| November | 48.1370 | 46.0660 | 46.9170 |
| December | 46.9797 | 46.1096 | 46.5398 |