2024 BGN to LRD Historical Review

YEARLY HIGH

114.1690 LRD

YEARLY LOW

95.8599 LRD

YEARLY AVERAGE

105.9290 LRD

2024 BGN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 114.1690. Conversely, the yearly low was recorded on November 22, dropping to 95.8599.

This high-to-low spread represents a total annual volatility of 18.3090 LRD. From a start-to-finish perspective, comparing the January average rate of 105.4909 to the December average rate of 96.6996, the exchange rate registered a net change of -8.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 114.1690 was up 6.72% compared to the 2023 peak of 106.9772, 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 570,845 LRD

2023 Average 483,348 LRD

Yearly Trough Low 479,300 LRD

Transaction Impact: A difference of 91,545.12 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

112.5238

95.2611

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 106.1757, compared to 105.6822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4936 points.

H1 Avg (Jan–Jun) 106.1757

H2 Avg (Jul–Dec) 105.6822

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 11.0806 LRD (High: 106.9406 / Low: 95.8599). On the other end, January was the most stable month, with a tight range of 1.3370 LRD (High: 106.3852 / Low: 105.0482).

November Spread (Volatile) ±11.0806

January Spread (Stable) ±1.3370

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 6.7824 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.7824

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 111.0852) against the same month in 2023 (average: 101.7241), the exchange rate shifted by +9.3611 (+9.20%).

2024 Avg (September) 111.0852

2023 Avg (September) 101.7241

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	106.3852	105.0482	105.4909
February	105.9413	104.3942	105.1131
March	107.7881	106.2209	106.9585
April	107.2703	102.1128	105.6873
May	107.7537	105.5131	107.0042
June	108.0926	106.0026	106.8005
July	109.0381	106.7743	108.1522
August	111.5866	107.8214	110.2191
September	114.1690	109.7816	111.0852
October	109.6688	105.9633	107.3597
November	106.9406	95.8599	100.5773
December	97.6501	96.1526	96.6996