YEARLY HIGH
890.5624 LBP
YEARLY LOW
841.4726 LBP
YEARLY AVERAGE
864.4924 LBP

2019 BGN to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 890.5624. Conversely, the yearly low was recorded on October 1, dropping to 841.4726.

This high-to-low spread represents a total annual volatility of 49.0898 LBP. From a start-to-finish perspective, comparing the January average rate of 880.8199 to the December average rate of 859.3513, the exchange rate registered a net change of -2.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 890.5624 was down 7.96% compared to the 2018 peak of 967.5586, 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 4,452,812 LBP
2018 Average 4,567,450 LBP
Yearly Trough Low 4,207,363 LBP
Transaction Impact: A difference of 245,449.17 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

883.9085
846.8450
JanuMarcMayJulySeptNove

BGN to LBP 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 871.7456, compared to 857.2393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.5062 points.

H1 Avg (Jan–Jun) 871.7456
H2 Avg (Jul–Dec) 857.2393

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 28.4212 LBP (High: 885.8697 / Low: 857.4485). On the other end, September was the most stable month, with a tight range of 12.0773 LBP (High: 855.3367 / Low: 843.2594).

May Spread (Volatile) ±28.4212
September Spread (Stable) ±12.0773

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 8.7590 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.7590

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 880.8199) against the same month in 2018 (average: 944.6021), the exchange rate shifted by -63.7822 (-6.75%).

2019 Avg (January) 880.8199
2018 Avg (January) 944.6021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 890.5624 871.8715 880.8199
February 884.0805 869.9324 875.7767
March 881.9020 865.0289 871.8031
April 872.1583 859.0876 866.4366
May 885.8697 857.4485 864.2375
June 879.1405 860.6960 871.3995
July 874.4143 854.8636 866.2534
August 867.3140 846.5724 858.6926
September 855.3367 843.2594 849.9336
October 863.4941 841.4726 854.5598
November 863.6515 850.1643 854.6452
December 867.6797 850.6448 859.3513