2018 BGN to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BGN to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 12.4732. Conversely, the yearly low was recorded on August 7, dropping to 10.9378.
This high-to-low spread represents a total annual volatility of 1.5354 MXN. From a start-to-finish perspective, comparing the January average rate of 11.7931 to the December average rate of 11.6812, the exchange rate registered a net change of -0.95% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 12.4732 was up 3.28% compared to the 2017 peak of 12.0773, 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 MXN 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 11.7895, compared to 11.4147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3748 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 0.7897 MXN (High: 12.4732 / Low: 11.6835). On the other end, February was the most stable month, with a tight range of 0.2489 MXN (High: 11.9068 / Low: 11.6578).
Growth Streaks & Declines
TrendsBetween April and June, 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 June and July, when the average rate fell by 0.7454 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 12.1019) against the same month in 2017 (average: 10.4263), the exchange rate shifted by +1.6756 (+16.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.0635 | 11.6174 | 11.7931 |
| February | 11.9068 | 11.6578 | 11.7712 |
| March | 11.9599 | 11.4272 | 11.7229 |
| April | 11.8235 | 11.3805 | 11.5291 |
| May | 12.0257 | 11.6143 | 11.8187 |
| June | 12.4732 | 11.6835 | 12.1019 |
| July | 11.8720 | 11.0955 | 11.3565 |
| August | 11.4083 | 10.9378 | 11.1187 |
| September | 11.4969 | 11.0816 | 11.3168 |
| October | 11.7559 | 11.0648 | 11.2636 |
| November | 11.9397 | 11.5102 | 11.7513 |
| December | 11.9088 | 11.4932 | 11.6812 |