2018 BGN to NZD Historical Review

YEARLY HIGH

0.9157 NZD

YEARLY LOW

0.8365 NZD

YEARLY AVERAGE

0.8727 NZD

2018 BGN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.9157. Conversely, the yearly low was recorded on December 4, dropping to 0.8365.

This high-to-low spread represents a total annual volatility of 0.0791 NZD. From a start-to-finish perspective, comparing the January average rate of 0.8599 to the December average rate of 0.8548, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9157 was up 2.86% compared to the 2017 peak of 0.8902, 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 4,578 NZD

2017 Average 4,066 NZD

Yearly Trough Low 4,183 NZD

Transaction Impact: A difference of 395.68 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9077

0.8500

JanuMarcMayJulySeptNove

BGN to NZD 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 0.8652, compared to 0.8802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.8652

H2 Avg (Jul–Dec) 0.8802

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0361 NZD (High: 0.8771 / Low: 0.8409). On the other end, July was the most stable month, with a tight range of 0.0104 NZD (High: 0.8861 / Low: 0.8758).

November Spread (Volatile) ±0.0361

July Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0426 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.9002) against the same month in 2017 (average: 0.8529), the exchange rate shifted by +0.0473 (+5.55%).

2018 Avg (October) 0.9002

2017 Avg (October) 0.8529

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8679	0.8479	0.8599
February	0.8751	0.8583	0.8646
March	0.8743	0.8611	0.8693
April	0.8795	0.8543	0.8671
May	0.8828	0.8530	0.8699
June	0.8827	0.8506	0.8607
July	0.8861	0.8758	0.8802
August	0.8978	0.8771	0.8853
September	0.9107	0.8960	0.9029
October	0.9157	0.8849	0.9002
November	0.8771	0.8409	0.8576
December	0.8724	0.8365	0.8548