2023 BGN to MDL Historical Review

YEARLY HIGH

10.6118 MDL

YEARLY LOW

9.6732 MDL

YEARLY AVERAGE

10.0109 MDL

2023 BGN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 10.6118. Conversely, the yearly low was recorded on October 13, dropping to 9.6732.

This high-to-low spread represents a total annual volatility of 0.9386 MDL. From a start-to-finish perspective, comparing the January average rate of 10.4704 to the December average rate of 9.8293, the exchange rate registered a net change of -6.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.6118 was up 0.52% compared to the 2022 peak of 10.5568, 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 53,059 MDL

2022 Average 50,769 MDL

Yearly Trough Low 48,366 MDL

Transaction Impact: A difference of 4,692.92 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.5380

9.7268

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 10.1409, compared to 9.8810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2599 points.

H1 Avg (Jan–Jun) 10.1409

H2 Avg (Jul–Dec) 9.8810

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.5439 MDL (High: 10.3861 / Low: 9.8422). On the other end, September was the most stable month, with a tight range of 0.1628 MDL (High: 9.8998 / Low: 9.7370).

July Spread (Volatile) ±0.5439

September Spread (Stable) ±0.1628

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2583 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.4704) against the same month in 2022 (average: 10.3717), the exchange rate shifted by +0.0988 (+0.95%).

2023 Avg (January) 10.4704

2022 Avg (January) 10.3717

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6118	10.3250	10.4704
February	10.4631	10.1453	10.2679
March	10.3000	10.0445	10.1895
April	10.2349	10.0466	10.1211
May	10.1353	9.7036	9.8722
June	10.2089	9.7184	9.9241
July	10.3861	9.8422	10.1185
August	9.9874	9.7553	9.8602
September	9.8998	9.7370	9.8117
October	9.9168	9.6732	9.7944
November	10.0016	9.7153	9.8717
December	9.9678	9.7025	9.8293