YEARLY HIGH
725.0954 KRW
YEARLY LOW
655.3782 KRW
YEARLY AVERAGE
687.5885 KRW

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 3,625,477 KRW
2019 Average 3,333,998 KRW
Yearly Trough Low 3,276,891 KRW
Transaction Impact: A difference of 348,585.78 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

723.8061
656.3290
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 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.

H1 Avg (Jan–Jun) 679.3349
H2 Avg (Jul–Dec) 695.8420

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±33.0372
November Spread (Stable) ±11.1081

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -20.9822

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (August) 718.1830
2019 Avg (August) 688.4124

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