YEARLY HIGH
282.7312 KZT
YEARLY LOW
241.3534 KZT
YEARLY AVERAGE
259.7044 KZT

2024 BGN to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 282.7312. Conversely, the yearly low was recorded on May 1, dropping to 241.3534.

This high-to-low spread represents a total annual volatility of 41.3778 KZT. From a start-to-finish perspective, comparing the January average rate of 251.9545 to the December average rate of 279.0040, the exchange rate registered a net change of 10.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 282.7312 was up 8.55% compared to the 2023 peak of 260.4697, 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 1,413,656 KZT
2023 Average 1,262,348 KZT
Yearly Trough Low 1,206,767 KZT
Transaction Impact: A difference of 206,888.91 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

282.4559
241.0324
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 248.4235, compared to 270.9852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.5617 points.

H1 Avg (Jan–Jun) 248.4235
H2 Avg (Jul–Dec) 270.9852

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 14.2770 KZT (High: 275.8681 / Low: 261.5912). On the other end, September was the most stable month, with a tight range of 5.3975 KZT (High: 274.3094 / Low: 268.9120).

August Spread (Volatile) ±14.2770
September Spread (Stable) ±5.3975

Growth Streaks & Declines

Trends

Between May and September, 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 March and April, when the average rate fell by 5.0731 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.0731

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 279.0040) against the same month in 2023 (average: 256.3615), the exchange rate shifted by +22.6424 (+8.83%).

2024 Avg (December) 279.0040
2023 Avg (December) 256.3615

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 258.6448 247.0662 251.9545
February 251.5846 245.7570 248.7439
March 251.9891 246.5494 249.6929
April 248.0145 241.8797 244.6198
May 247.8095 241.3534 244.4844
June 258.6155 246.7930 251.0457
July 265.8171 259.5269 263.7072
August 275.8681 261.5912 269.7670
September 274.3094 268.9120 272.8384
October 277.3948 266.6242 270.7945
November 279.3089 265.4163 269.8003
December 282.7312 274.2884 279.0040