YEARLY HIGH
12.0910 MXN
YEARLY LOW
9.8019 MXN
YEARLY AVERAGE
10.8413 MXN

2022 BGN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 12.0910. Conversely, the yearly low was recorded on November 3, dropping to 9.8019.

This high-to-low spread represents a total annual volatility of 2.2891 MXN. From a start-to-finish perspective, comparing the January average rate of 11.8653 to the December average rate of 10.5989, the exchange rate registered a net change of -10.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.0910 was down 7.25% compared to the 2021 peak of 13.0360, 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 60,455 MXN
2021 Average 61,329 MXN
Yearly Trough Low 49,010 MXN
Transaction Impact: A difference of 11,445.47 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.0582
9.8676
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11.3361, compared to 10.3464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9898 points.

H1 Avg (Jan–Jun) 11.3361
H2 Avg (Jul–Dec) 10.3464

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.6682 MXN (High: 10.8196 / Low: 10.1514). On the other end, January was the most stable month, with a tight range of 0.1215 MXN (High: 11.9206 / Low: 11.7991).

August Spread (Volatile) ±0.6682
January Spread (Stable) ±0.1215

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 March and April, when the average rate fell by 0.4608 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 11.8757) against the same month in 2021 (average: 12.5596), the exchange rate shifted by -0.6839 (-5.45%).

2022 Avg (February) 11.8757
2021 Avg (February) 12.5596

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.9206 11.7991 11.8653
February 12.0910 11.7036 11.8757
March 11.9039 11.2518 11.5626
April 11.2351 10.9702 11.1018
May 11.0135 10.6832 10.8156
June 11.0071 10.6807 10.7960
July 10.8005 10.5685 10.6819
August 10.8196 10.1514 10.4160
September 10.2739 9.9845 10.1634
October 10.2860 9.9009 10.0501
November 10.3479 9.8019 10.1681
December 10.7395 10.2934 10.5989