2019 BGN to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BGN to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BGN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 10.5738. Conversely, the yearly low was recorded on March 7, dropping to 9.7532.
This high-to-low spread represents a total annual volatility of 0.8205 MDL. From a start-to-finish perspective, comparing the January average rate of 9.9945 to the December average rate of 9.8065, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 10.5738 was down 1.68% compared to the 2018 peak of 10.7540, 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 2019.
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 10.1146, compared to 9.9434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1712 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was July, with a trading range of 0.4382 MDL (High: 10.4226 / Low: 9.9844). On the other end, February was the most stable month, with a tight range of 0.1250 MDL (High: 9.9893 / Low: 9.8643).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 10.4627) against the same month in 2018 (average: 10.0724), the exchange rate shifted by +0.3903 (+3.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.1883 | 9.8607 | 9.9945 |
| February | 9.9893 | 9.8643 | 9.9166 |
| March | 10.0707 | 9.7532 | 9.9209 |
| April | 10.3276 | 9.9160 | 10.1307 |
| May | 10.4106 | 10.1974 | 10.2622 |
| June | 10.5738 | 10.3736 | 10.4627 |
| July | 10.4226 | 9.9844 | 10.1505 |
| August | 10.1768 | 9.8555 | 10.0262 |
| September | 10.0880 | 9.8708 | 9.9658 |
| October | 9.9558 | 9.7919 | 9.8714 |
| November | 9.9574 | 9.7743 | 9.8402 |
| December | 9.8910 | 9.7535 | 9.8065 |