YEARLY HIGH
698.3086 KRW
YEARLY LOW
648.0410 KRW
YEARLY AVERAGE
666.6725 KRW

2019 BGN to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 698.3086. Conversely, the yearly low was recorded on February 13, dropping to 648.0410.

This high-to-low spread represents a total annual volatility of 50.2676 KRW. From a start-to-finish perspective, comparing the January average rate of 654.2315 to the December average rate of 665.8791, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 698.3086 was up 0.41% compared to the 2018 peak of 695.4547, 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 3,491,543 KRW
2018 Average 3,320,671 KRW
Yearly Trough Low 3,240,205 KRW
Transaction Impact: A difference of 251,337.82 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

692.0951
647.9025
JanuMarcMayJulySeptNove

BGN to KRW 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 661.5189, compared to 671.8262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.3074 points.

H1 Avg (Jan–Jun) 661.5189
H2 Avg (Jul–Dec) 671.8262

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 20.9955 KRW (High: 698.3086 / Low: 677.3131). On the other end, February was the most stable month, with a tight range of 8.0939 KRW (High: 656.1349 / Low: 648.0410).

August Spread (Volatile) ±20.9955
February Spread (Stable) ±8.0939

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 15.7231 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -15.7231

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 688.4124) against the same month in 2018 (average: 661.4526), the exchange rate shifted by +26.9598 (+4.08%).

2019 Avg (August) 688.4124
2018 Avg (August) 661.4526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 660.9780 648.1638 654.2315
February 656.1349 648.0410 651.5853
March 657.6263 648.9543 654.3641
April 665.1168 648.6740 655.6832
May 682.2730 666.1270 676.3977
June 684.6973 666.4578 676.8515
July 679.6342 669.8541 674.9976
August 698.3086 677.3131 688.4124
September 680.6924 666.2866 672.6892
October 675.1733 662.3323 668.6157
November 665.9034 652.5326 660.3633
December 676.1073 656.6133 665.8791