2018 BGN to MRO Historical Review

YEARLY HIGH

227.3832 MRO

YEARLY LOW

122.2245 MRO

YEARLY AVERAGE

214.6419 MRO

2018 BGN to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 227.3832. Conversely, the yearly low was recorded on October 8, dropping to 122.2245.

This high-to-low spread represents a total annual volatility of 105.1587 MRO. From a start-to-finish perspective, comparing the January average rate of 221.3779 to the December average rate of 207.6426, the exchange rate registered a net change of -6.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 227.3832 was up 0.90% compared to the 2017 peak of 225.3527, 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 1,136,916 MRO

2017 Average 1,039,997 MRO

Yearly Trough Low 611,122 MRO

Transaction Impact: A difference of 525,793.72 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

226.4667

201.9573

JanuMarcMayJulySeptNove

BGN to MRO 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 220.1124, compared to 209.1715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.9409 points.

H1 Avg (Jan–Jun) 220.1124

H2 Avg (Jul–Dec) 209.1715

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 89.3869 MRO (High: 211.6114 / Low: 122.2245). On the other end, July was the most stable month, with a tight range of 2.7070 MRO (High: 214.0826 / Low: 211.3756).

October Spread (Volatile) ±89.3869

July Spread (Stable) ±2.7070

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 8.7582 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.7582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 224.4242) against the same month in 2017 (average: 195.3549), the exchange rate shifted by +29.0693 (+14.88%).

2018 Avg (February) 224.4242

2017 Avg (February) 195.3549

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	226.0437	216.1897	221.3779
February	227.3832	221.9417	224.4242
March	226.0573	222.7938	224.2346
April	225.9132	220.2698	223.0952
May	218.1867	210.2950	215.1276
June	214.9713	210.3625	212.4148
July	214.0826	211.3756	212.8260
August	213.7968	207.3594	210.3754
September	215.1476	210.9255	212.7580
October	211.6114	122.2245	203.9998
November	209.1205	204.9206	207.4271
December	209.1229	206.3126	207.6426