2018 BGN to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BGN to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BGN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 19.9046. Conversely, the yearly low was recorded on August 16, dropping to 18.5310.
This high-to-low spread represents a total annual volatility of 1.3736 NIO. From a start-to-finish perspective, comparing the January average rate of 19.3140 to the December average rate of 18.8669, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 19.9046 was up 5.28% compared to the 2017 peak of 18.9055, 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 NIO 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 19.3382, compared to 18.8952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4431 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.9280 NIO (High: 19.7957 / Low: 18.8677). On the other end, July was the most stable month, with a tight range of 0.2972 NIO (High: 19.1105 / Low: 18.8133).
Growth Streaks & Declines
TrendsNo 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 0.6161 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 19.6726) against the same month in 2017 (average: 16.0585), the exchange rate shifted by +3.6141 (+22.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.7957 | 18.8677 | 19.3140 |
| February | 19.9046 | 19.3887 | 19.6726 |
| March | 19.8930 | 19.4894 | 19.6442 |
| April | 19.7489 | 19.3260 | 19.5802 |
| May | 19.2000 | 18.5898 | 18.9641 |
| June | 19.0782 | 18.7042 | 18.8545 |
| July | 19.1105 | 18.8133 | 18.9569 |
| August | 19.1350 | 18.5310 | 18.8073 |
| September | 19.4235 | 18.8974 | 19.0865 |
| October | 19.0505 | 18.6946 | 18.8925 |
| November | 18.8911 | 18.5498 | 18.7609 |
| December | 19.0774 | 18.7336 | 18.8669 |