YEARLY HIGH
10.7278 LSL
YEARLY LOW
9.4531 LSL
YEARLY AVERAGE
10.1398 LSL

2024 BGN to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 10.7278. Conversely, the yearly low was recorded on December 12, dropping to 9.4531.

This high-to-low spread represents a total annual volatility of 1.2747 LSL. From a start-to-finish perspective, comparing the January average rate of 10.4814 to the December average rate of 9.7598, the exchange rate registered a net change of -6.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.7278 was down 1.42% compared to the 2023 peak of 10.8825, 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 53,639 LSL
2023 Average 51,056 LSL
Yearly Trough Low 47,266 LSL
Transaction Impact: A difference of 6,373.34 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.5566
9.6671
JanuMarcMayJulySeptNove

BGN to LSL 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 10.3495, compared to 9.9300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4194 points.

H1 Avg (Jan–Jun) 10.3495
H2 Avg (Jul–Dec) 9.9300

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.7801 LSL (High: 10.5566 / Low: 9.7765). On the other end, October was the most stable month, with a tight range of 0.1860 LSL (High: 9.8726 / Low: 9.6866).

June Spread (Volatile) ±0.7801
October Spread (Stable) ±0.1860

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2107 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 10.4736) against the same month in 2023 (average: 9.7923), the exchange rate shifted by +0.6812 (+6.96%).

2024 Avg (February) 10.4736
2023 Avg (February) 9.7923

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6691 10.3540 10.4814
February 10.7278 10.2646 10.4736
March 10.5932 10.3491 10.4825
April 10.5022 10.0555 10.3469
May 10.3427 10.0435 10.1701
June 10.5566 9.7765 10.1424
July 10.2413 9.9411 10.1173
August 10.4002 9.9661 10.1637
September 10.1472 9.7921 10.0045
October 9.8726 9.6866 9.7937
November 9.8675 9.6212 9.7413
December 10.0097 9.4531 9.7598