2020 BGN to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BGN to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BGN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 725.0954. Conversely, the yearly low was recorded on February 12, dropping to 655.3782.
This high-to-low spread represents a total annual volatility of 69.7172 KRW. From a start-to-finish perspective, comparing the January average rate of 661.9521 to the December average rate of 680.8969, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 725.0954 was up 3.84% compared to the 2019 peak of 698.3086, 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 KRW 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 679.3349, compared to 695.8420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.5071 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 33.0372 KRW (High: 722.2134 / Low: 689.1762). On the other end, November was the most stable month, with a tight range of 11.1081 KRW (High: 680.9935 / Low: 669.8854).
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 September and October, when the average rate fell by 20.9822 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 718.1830) against the same month in 2019 (average: 688.4124), the exchange rate shifted by +29.7706 (+4.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 677.3539 | 657.1720 | 661.9521 |
| February | 682.4771 | 655.3782 | 667.1591 |
| March | 704.4063 | 673.9720 | 687.2825 |
| April | 692.1776 | 673.3683 | 679.4005 |
| May | 700.8257 | 675.5400 | 685.7761 |
| June | 705.0707 | 689.1812 | 694.4394 |
| July | 722.2134 | 689.1762 | 702.5541 |
| August | 725.0954 | 712.0805 | 718.1830 |
| September | 722.5222 | 696.7979 | 709.5686 |
| October | 698.9443 | 675.2632 | 688.5864 |
| November | 680.9935 | 669.8854 | 675.2629 |
| December | 690.1331 | 671.9120 | 680.8969 |