2013 BGN to MAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 BGN to MAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the BGN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 5.7558. Conversely, the yearly low was recorded on April 4, dropping to 5.6610.
This high-to-low spread represents a total annual volatility of 0.0949 MAD. From a start-to-finish perspective, comparing the January average rate of 5.7049 to the December average rate of 5.7420, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 5.7558 was up 0.59% compared to the 2012 peak of 5.7223, 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 2013.
BGN to MAD 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 5.6910, compared to 5.7180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0271 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was February, with a trading range of 0.0479 MAD (High: 5.7319 / Low: 5.6840). On the other end, August was the most stable month, with a tight range of 0.0172 MAD (High: 5.7169 / Low: 5.6997).
Growth Streaks & Declines
TrendsBetween July and October, 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 February and March, when the average rate fell by 0.0330 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2013: 5.7420) against the same month in 2012 (average: 5.6942), the exchange rate shifted by +0.0479 (+0.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.7226 | 5.6819 | 5.7049 |
| February | 5.7319 | 5.6840 | 5.7087 |
| March | 5.6884 | 5.6633 | 5.6756 |
| April | 5.6971 | 5.6610 | 5.6813 |
| May | 5.6988 | 5.6676 | 5.6788 |
| June | 5.7163 | 5.6767 | 5.6964 |
| July | 5.7071 | 5.6694 | 5.6870 |
| August | 5.7169 | 5.6997 | 5.7092 |
| September | 5.7275 | 5.6964 | 5.7121 |
| October | 5.7508 | 5.7264 | 5.7355 |
| November | 5.7394 | 5.7047 | 5.7223 |
| December | 5.7558 | 5.7196 | 5.7420 |