2018 BGN to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BGN to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BGN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1545.6264. Conversely, the yearly low was recorded on June 14, dropping to 1285.1682.
This high-to-low spread represents a total annual volatility of 260.4582 MNT. From a start-to-finish perspective, comparing the January average rate of 1511.1383 to the December average rate of 1433.3228, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 1545.6264 was up 2.06% compared to the 2017 peak of 1514.3844, 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 MNT 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 1486.1453, compared to 1449.3873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 36.7580 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 174.0441 MNT (High: 1459.2122 / Low: 1285.1682). On the other end, July was the most stable month, with a tight range of 17.0685 MNT (High: 1468.3136 / Low: 1451.2451).
Growth Streaks & Declines
TrendsBetween August and October, 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 April and May, when the average rate fell by 48.2683 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 1515.8577) against the same month in 2017 (average: 1344.8574), the exchange rate shifted by +171.0004 (+12.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1538.5376 | 1481.5038 | 1511.1383 |
| February | 1545.6264 | 1490.5142 | 1515.8577 |
| March | 1524.6662 | 1498.1345 | 1508.3540 |
| April | 1514.4838 | 1479.2146 | 1499.9894 |
| May | 1469.6213 | 1420.8474 | 1451.7211 |
| June | 1459.2122 | 1285.1682 | 1429.8112 |
| July | 1468.3136 | 1451.2451 | 1459.0492 |
| August | 1462.5416 | 1416.5207 | 1440.6607 |
| September | 1469.7239 | 1442.8996 | 1454.7558 |
| October | 1475.8189 | 1441.1348 | 1460.4350 |
| November | 1460.2762 | 1428.6531 | 1448.1001 |
| December | 1457.9204 | 1420.1915 | 1433.3228 |