2019 BGN to MGA Historical Review

YEARLY HIGH

2129.6085 MGA

YEARLY LOW

1387.8710 MGA

YEARLY AVERAGE

2078.9324 MGA

2019 BGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2129.6085. Conversely, the yearly low was recorded on December 16, dropping to 1387.8710.

This high-to-low spread represents a total annual volatility of 741.7375 MGA. From a start-to-finish perspective, comparing the January average rate of 2077.3928 to the December average rate of 2048.2510, the exchange rate registered a net change of -1.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2129.6085 was down 0.28% compared to the 2018 peak of 2135.5147, 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 10,648,043 MGA

2018 Average 10,080,873 MGA

Yearly Trough Low 6,939,355 MGA

Transaction Impact: A difference of 3,708,687.62 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2112.8945

2040.0716

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2073.2404, compared to 2084.6243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.3839 points.

H1 Avg (Jan–Jun) 2073.2404

H2 Avg (Jul–Dec) 2084.6243

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 731.7856 MGA (High: 2119.6565 / Low: 1387.8710). On the other end, August was the most stable month, with a tight range of 36.2595 MGA (High: 2113.0476 / Low: 2076.7881).

December Spread (Volatile) ±731.7856

August Spread (Stable) ±36.2595

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 37.4078 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -37.4078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 2106.8259) against the same month in 2018 (average: 2026.6530), the exchange rate shifted by +80.1729 (+3.96%).

2019 Avg (September) 2106.8259

2018 Avg (September) 2026.6530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2124.7950	2019.9499	2077.3928
February	2097.0605	2024.1375	2052.0934
March	2068.7305	2023.2793	2046.1402
April	2100.5279	2030.8483	2073.6311
May	2104.3580	2067.7599	2084.6736
June	2125.1996	2081.7281	2105.5114
July	2114.9477	2057.4877	2085.2500
August	2113.0476	2076.7881	2097.6866
September	2129.6085	2088.3451	2106.8259
October	2111.1221	2062.0246	2084.0736
November	2115.2553	2032.4470	2085.6588
December	2119.6565	1387.8710	2048.2510