YEARLY HIGH
2.0813 PEN
YEARLY LOW
1.9090 PEN
YEARLY AVERAGE
1.9841 PEN

2018 BGN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 2.0813. Conversely, the yearly low was recorded on August 14, dropping to 1.9090.

This high-to-low spread represents a total annual volatility of 0.1722 PEN. From a start-to-finish perspective, comparing the January average rate of 2.0061 to the December average rate of 1.9569, the exchange rate registered a net change of -2.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.0813 was up 2.73% compared to the 2017 peak of 2.0259, 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 10,406 PEN
2017 Average 9,419 PEN
Yearly Trough Low 9,545 PEN
Transaction Impact: A difference of 861.19 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0626
1.9299
JanuMarcMayJulySeptNove

BGN to PEN 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 2.0109, compared to 1.9574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0535 points.

H1 Avg (Jan–Jun) 2.0109
H2 Avg (Jul–Dec) 1.9574

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0763 PEN (High: 2.0436 / Low: 1.9673). On the other end, July was the most stable month, with a tight range of 0.0279 PEN (High: 1.9738 / Low: 1.9459).

January Spread (Volatile) ±0.0763
July Spread (Stable) ±0.0279

Growth Streaks & Declines

Trends

No 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 0.0479 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0479

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.0516) against the same month in 2017 (average: 1.7731), the exchange rate shifted by +0.2785 (+15.70%).

2018 Avg (February) 2.0516
2017 Avg (February) 1.7731

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0436 1.9673 2.0061
February 2.0813 2.0333 2.0516
March 2.0676 2.0300 2.0491
April 2.0458 2.0056 2.0270
May 2.0070 1.9379 1.9791
June 1.9693 1.9358 1.9526
July 1.9738 1.9459 1.9580
August 1.9751 1.9090 1.9410
September 1.9867 1.9579 1.9714
October 1.9771 1.9380 1.9569
November 1.9770 1.9361 1.9601
December 1.9776 1.9363 1.9569