2018 BGN to MVR Historical Review

YEARLY HIGH

9.8635 MVR

YEARLY LOW

8.8684 MVR

YEARLY AVERAGE

9.3269 MVR

2018 BGN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 9.8635. Conversely, the yearly low was recorded on November 12, dropping to 8.8684.

This high-to-low spread represents a total annual volatility of 0.9951 MVR. From a start-to-finish perspective, comparing the January average rate of 9.6085 to the December average rate of 8.9889, the exchange rate registered a net change of -6.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 9.8635 was up 3.99% compared to the 2017 peak of 9.4851, 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 49,318 MVR

2017 Average 44,591 MVR

Yearly Trough Low 44,342 MVR

Transaction Impact: A difference of 4,975.46 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

9.8245

8.9026

JanuMarcMayJulySeptNove

BGN to MVR 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 9.5627, compared to 9.0911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4716 points.

H1 Avg (Jan–Jun) 9.5627

H2 Avg (Jul–Dec) 9.0911

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.3846 MVR (High: 9.7921 / Low: 9.4075). On the other end, December was the most stable month, with a tight range of 0.1216 MVR (High: 9.0503 / Low: 8.9287).

January Spread (Volatile) ±0.3846

December Spread (Stable) ±0.1216

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3061 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 9.7476) against the same month in 2017 (average: 8.4117), the exchange rate shifted by +1.3359 (+15.88%).

2018 Avg (February) 9.7476

2017 Avg (February) 8.4117

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.7921	9.4075	9.6085
February	9.8635	9.6383	9.7476
March	9.8384	9.6691	9.7405
April	9.7776	9.5425	9.6817
May	9.4970	9.1619	9.3756
June	9.3657	9.1119	9.2225
July	9.3207	9.1625	9.2215
August	9.2585	8.9715	9.1063
September	9.2739	9.1305	9.1872
October	9.1580	8.9384	9.0635
November	9.0560	8.8684	8.9794
December	9.0503	8.9287	8.9889