2023 BGN to KZT Historical Review

YEARLY HIGH

260.4697 KZT

YEARLY LOW

234.6529 KZT

YEARLY AVERAGE

252.4366 KZT

2023 BGN to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 260.4697. Conversely, the yearly low was recorded on March 5, dropping to 234.6529.

This high-to-low spread represents a total annual volatility of 25.8167 KZT. From a start-to-finish perspective, comparing the January average rate of 255.0393 to the December average rate of 256.3615, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 260.4697 was down 11.20% compared to the 2022 peak of 293.3144, 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 1,302,348 KZT

2022 Average 1,242,522 KZT

Yearly Trough Low 1,173,265 KZT

Transaction Impact: A difference of 129,083.57 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

258.3955

245.9500

JanuMarcMayJulySeptNove

BGN to KZT 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 249.8624, compared to 255.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1483 points.

H1 Avg (Jan–Jun) 249.8624

H2 Avg (Jul–Dec) 255.0107

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 23.3389 KZT (High: 257.9918 / Low: 234.6529). On the other end, November was the most stable month, with a tight range of 5.7348 KZT (High: 258.7775 / Low: 253.0426).

March Spread (Volatile) ±23.3389

November Spread (Stable) ±5.7348

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 8.0522 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -8.0522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 257.3584) against the same month in 2022 (average: 237.5605), the exchange rate shifted by +19.7979 (+8.33%).

2023 Avg (October) 257.3584

2022 Avg (October) 237.5605

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	257.3096	249.7806	255.0393
February	256.5578	240.7167	246.9871
March	257.9918	234.6529	247.1628
April	257.4595	247.4178	253.3913
May	254.0129	243.4070	247.8723
June	253.5858	243.8687	248.7216
July	255.5601	247.3792	251.6545
August	259.0153	249.1771	252.7332
September	260.1123	252.0761	255.7818
October	260.4697	253.6035	257.3584
November	258.7775	253.0426	256.1750
December	259.3198	252.3617	256.3615