2020 BGN to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BGN to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BGN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 121.7471. Conversely, the yearly low was recorded on November 17, dropping to 94.6229.
This high-to-low spread represents a total annual volatility of 27.1242 LRD. From a start-to-finish perspective, comparing the January average rate of 108.6830 to the December average rate of 100.3573, the exchange rate registered a net change of -7.66% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 121.7471 was up 0.73% compared to the 2019 peak of 120.8676, 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 2020.
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 110.9209, compared to 112.5092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5883 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 14.4689 LRD (High: 109.0918 / Low: 94.6229). On the other end, August was the most stable month, with a tight range of 2.0645 LRD (High: 121.7471 / Low: 119.6825).
Growth Streaks & Declines
TrendsBetween April and August, 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 October and November, when the average rate fell by 16.3480 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 120.5645) against the same month in 2019 (average: 115.8026), the exchange rate shifted by +4.7619 (+4.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 110.4409 | 107.1305 | 108.6830 |
| February | 111.7045 | 108.6041 | 109.7474 |
| March | 115.3632 | 108.0044 | 111.7878 |
| April | 111.2700 | 109.0693 | 110.0695 |
| May | 112.7727 | 109.5634 | 110.6964 |
| June | 115.6104 | 113.0894 | 114.5411 |
| July | 120.6856 | 114.5399 | 116.7688 |
| August | 121.7471 | 119.6825 | 120.5645 |
| September | 121.3362 | 118.2061 | 119.9399 |
| October | 119.9454 | 109.0712 | 116.8863 |
| November | 109.0918 | 94.6229 | 100.5383 |
| December | 102.8286 | 97.4251 | 100.3573 |