2024 BGN to LYD Historical Review

YEARLY HIGH

2.7267 LYD

YEARLY LOW

2.5916 LYD

YEARLY AVERAGE

2.6721 LYD

2024 BGN to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 2.7267. Conversely, the yearly low was recorded on December 19, dropping to 2.5916.

This high-to-low spread represents a total annual volatility of 0.1351 LYD. From a start-to-finish perspective, comparing the January average rate of 2.6799 to the December average rate of 2.6202, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7267 was down 0.28% compared to the 2023 peak of 2.7343, 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 13,634 LYD

2023 Average 13,302 LYD

Yearly Trough Low 12,958 LYD

Transaction Impact: A difference of 675.50 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7102

2.6120

JanuMarcMayJulySeptNove

BGN to LYD 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 2.6734, compared to 2.6708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 2.6734

H2 Avg (Jul–Dec) 2.6708

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0884 LYD (High: 2.6898 / Low: 2.6014). On the other end, January was the most stable month, with a tight range of 0.0308 LYD (High: 2.6972 / Low: 2.6663).

November Spread (Volatile) ±0.0884

January Spread (Stable) ±0.0308

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 0.0299 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.6990) against the same month in 2023 (average: 2.6821), the exchange rate shifted by +0.0169 (+0.63%).

2024 Avg (August) 2.6990

2023 Avg (August) 2.6821

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6972	2.6663	2.6799
February	2.6872	2.6539	2.6704
March	2.7065	2.6581	2.6794
April	2.6882	2.6240	2.6599
May	2.7000	2.6589	2.6820
June	2.7014	2.6475	2.6689
July	2.7024	2.6707	2.6879
August	2.7267	2.6647	2.6990
September	2.7187	2.6832	2.7020
October	2.6863	2.6535	2.6728
November	2.6898	2.6014	2.6429
December	2.6423	2.5916	2.6202