2018 BGN to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BGN to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BGN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 10.7540. Conversely, the yearly low was recorded on August 14, dropping to 9.6133.
This high-to-low spread represents a total annual volatility of 1.1407 MDL. From a start-to-finish perspective, comparing the January average rate of 10.5712 to the December average rate of 9.9888, the exchange rate registered a net change of -5.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 10.7540 was down 2.67% compared to the 2017 peak of 11.0488, 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 2018.
BGN to MDL 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 10.3379, compared to 9.9553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3827 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 0.4240 MDL (High: 10.0373 / Low: 9.6133). On the other end, April was the most stable month, with a tight range of 0.1652 MDL (High: 10.4039 / Low: 10.2387).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2366 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 10.5298) against the same month in 2017 (average: 10.8508), the exchange rate shifted by -0.3210 (-2.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.6911 | 10.4521 | 10.5712 |
| February | 10.7540 | 10.3935 | 10.5298 |
| March | 10.5850 | 10.3332 | 10.4465 |
| April | 10.4039 | 10.2387 | 10.3222 |
| May | 10.1928 | 9.9944 | 10.0856 |
| June | 10.1625 | 9.9621 | 10.0724 |
| July | 10.1012 | 9.8723 | 9.9880 |
| August | 10.0373 | 9.6133 | 9.8120 |
| September | 10.1490 | 9.8586 | 10.0117 |
| October | 10.1023 | 9.8887 | 9.9896 |
| November | 10.0502 | 9.7979 | 9.9415 |
| December | 10.1023 | 9.8959 | 9.9888 |