2022 BGN to KRW Historical Review

YEARLY HIGH

729.5683 KRW

YEARLY LOW

669.8918 KRW

YEARLY AVERAGE

694.1747 KRW

2022 BGN to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 729.5683. Conversely, the yearly low was recorded on July 12, dropping to 669.8918.

This high-to-low spread represents a total annual volatility of 59.6765 KRW. From a start-to-finish perspective, comparing the January average rate of 692.1851 to the December average rate of 700.1777, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 729.5683 was up 2.48% compared to the 2021 peak of 711.8987, 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 3,647,841 KRW

2021 Average 3,460,616 KRW

Yearly Trough Low 3,349,459 KRW

Transaction Impact: A difference of 298,382.50 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

721.9777

676.8878

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 688.9737, compared to 699.3756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.4019 points.

H1 Avg (Jan–Jun) 688.9737

H2 Avg (Jul–Dec) 699.3756

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 31.8852 KRW (High: 721.4909 / Low: 689.6057). On the other end, April was the most stable month, with a tight range of 10.5445 KRW (High: 689.0047 / Low: 678.4602).

September Spread (Volatile) ±31.8852

April Spread (Stable) ±10.5445

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 10.9081 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -10.9081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 718.2203) against the same month in 2021 (average: 700.9442), the exchange rate shifted by +17.2761 (+2.46%).

2022 Avg (October) 718.2203

2021 Avg (October) 700.9442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	696.8607	685.8009	692.1851
February	702.2577	689.0893	695.0587
March	696.0834	679.5275	687.2419
April	689.0047	678.4602	683.6986
May	692.0988	678.9435	684.8672
June	701.2011	678.8770	690.7910
July	690.1860	669.8918	680.6453
August	691.6374	677.4537	683.4861
September	721.4909	689.6057	706.4123
October	729.5683	705.6396	718.2203
November	716.2115	694.8194	707.3121
December	716.1260	687.6436	700.1777