2020 BGN to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BGN to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 13.9739. Conversely, the yearly low was recorded on February 19, dropping to 10.2580.
This high-to-low spread represents a total annual volatility of 3.7160 MXN. From a start-to-finish perspective, comparing the January average rate of 10.6746 to the December average rate of 12.4142, the exchange rate registered a net change of 16.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 13.9739 was up 20.93% compared to the 2019 peak of 11.5550, 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 2020.
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 12.2004, compared to 12.8500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6496 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 2.8568 MXN (High: 13.9175 / Low: 11.0608). On the other end, December was the most stable month, with a tight range of 0.3170 MXN (High: 12.5671 / Low: 12.2501).
Growth Streaks & Declines
TrendsBetween February and April, 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 October and November, when the average rate fell by 0.4335 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 13.4558) against the same month in 2019 (average: 10.8695), the exchange rate shifted by +2.5862 (+23.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.8457 | 10.5277 | 10.6746 |
| February | 11.0660 | 10.2580 | 10.5235 |
| March | 13.9175 | 11.0608 | 12.6116 |
| April | 13.9739 | 13.0361 | 13.4558 |
| May | 13.9034 | 12.4795 | 13.0828 |
| June | 13.2578 | 12.4014 | 12.8543 |
| July | 13.4739 | 12.8645 | 13.1222 |
| August | 13.6425 | 13.2359 | 13.4010 |
| September | 13.4397 | 12.6634 | 13.0285 |
| October | 13.1179 | 12.6275 | 12.7839 |
| November | 12.7062 | 12.1679 | 12.3504 |
| December | 12.5671 | 12.2501 | 12.4142 |