2018 BGN to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BGN to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BGN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 96.3061. Conversely, the yearly low was recorded on January 9, dropping to 76.7424.
This high-to-low spread represents a total annual volatility of 19.5637 LRD. From a start-to-finish perspective, comparing the January average rate of 79.1413 to the December average rate of 91.6640, the exchange rate registered a net change of 15.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 96.3061 was up 25.04% compared to the 2017 peak of 77.0175, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BGN to LRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 81.6299, compared to 91.8131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.1832 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 7.0896 LRD (High: 89.5260 / Low: 82.4364). On the other end, December was the most stable month, with a tight range of 1.0848 LRD (High: 92.1919 / Low: 91.1071).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.2531 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 92.7860) against the same month in 2017 (average: 54.6892), the exchange rate shifted by +38.0968 (+69.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 81.8887 | 76.7424 | 79.1413 |
| February | 82.1522 | 77.5629 | 79.7389 |
| March | 83.6349 | 81.6952 | 82.6441 |
| April | 83.3461 | 81.2035 | 82.2729 |
| May | 82.6046 | 79.8100 | 80.9458 |
| June | 89.5260 | 82.4364 | 85.0364 |
| July | 96.3061 | 89.5392 | 92.7860 |
| August | 92.3758 | 89.1500 | 90.5329 |
| September | 95.4853 | 91.1351 | 92.2352 |
| October | 93.0909 | 90.6130 | 92.0014 |
| November | 92.5226 | 90.5499 | 91.6589 |
| December | 92.1919 | 91.1071 | 91.6640 |