2015 BGN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 BGN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the BGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 1942.7716. Conversely, the yearly low was recorded on January 25, dropping to 1478.9809.
This high-to-low spread represents a total annual volatility of 463.7907 MGA. From a start-to-finish perspective, comparing the January average rate of 1583.9568 to the December average rate of 1787.6348, the exchange rate registered a net change of 12.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 1942.7716 was up 9.60% compared to the 2014 peak of 1772.5866, 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 2015.
BGN to MGA 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 1693.8736, compared to 1823.2672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 129.3936 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was October, with a trading range of 148.0804 MGA (High: 1855.2187 / Low: 1707.1383). On the other end, February was the most stable month, with a tight range of 43.4485 MGA (High: 1657.7277 / Low: 1614.2792).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 63.6569 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2015: 1886.3827) against the same month in 2014 (average: 1716.1187), the exchange rate shifted by +170.2639 (+9.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1622.1801 | 1478.9809 | 1583.9568 |
| February | 1657.7277 | 1614.2792 | 1638.9433 |
| March | 1696.1951 | 1602.0464 | 1643.4684 |
| April | 1759.1287 | 1641.7409 | 1698.8251 |
| May | 1815.6658 | 1713.3606 | 1773.5490 |
| June | 1853.4609 | 1718.1255 | 1824.4989 |
| July | 1900.2629 | 1809.7798 | 1847.4957 |
| August | 1942.7716 | 1844.4421 | 1886.3827 |
| September | 1900.2739 | 1779.8223 | 1822.7258 |
| October | 1855.2187 | 1707.1383 | 1798.7882 |
| November | 1833.8561 | 1765.1593 | 1796.5760 |
| December | 1801.8221 | 1758.3337 | 1787.6348 |