YEARLY HIGH
210.7569 MRO
YEARLY LOW
198.9529 MRO
YEARLY AVERAGE
204.3487 MRO

2019 BGN to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 210.7569. Conversely, the yearly low was recorded on September 30, dropping to 198.9529.

This high-to-low spread represents a total annual volatility of 11.8040 MRO. From a start-to-finish perspective, comparing the January average rate of 208.3932 to the December average rate of 202.8165, the exchange rate registered a net change of -2.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 210.7569 was down 7.31% compared to the 2018 peak of 227.3832, 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 1,053,784 MRO
2018 Average 1,072,847 MRO
Yearly Trough Low 994,764 MRO
Transaction Impact: A difference of 59,020.07 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

209.1314
200.2736
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 206.1635, compared to 202.5340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6295 points.

H1 Avg (Jan–Jun) 206.1635
H2 Avg (Jul–Dec) 202.5340

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 4.4697 MRO (High: 210.7569 / Low: 206.2872). On the other end, May was the most stable month, with a tight range of 1.9993 MRO (High: 205.1241 / Low: 203.1248).

January Spread (Volatile) ±4.4697
May Spread (Stable) ±1.9993

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.0631 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.0631

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 208.3932) against the same month in 2018 (average: 221.3779), the exchange rate shifted by -12.9846 (-5.87%).

2019 Avg (January) 208.3932
2018 Avg (January) 221.3779

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 210.7569 206.2872 208.3932
February 208.9983 205.6866 207.1678
March 208.5049 204.2819 206.2375
April 206.5390 203.4518 204.8959
May 205.1241 203.1248 204.2315
June 208.0677 203.8545 206.0550
July 206.2678 202.0439 204.6886
August 204.7183 200.4818 203.0749
September 202.6176 198.9529 201.0117
October 203.7385 199.2755 201.8511
November 203.9212 200.8614 201.7612
December 204.7558 201.1141 202.8165