2024 BGN to PLN Historical Review

YEARLY HIGH

2.6006 PLN

YEARLY LOW

2.1729 PLN

YEARLY AVERAGE

2.2025 PLN

2024 BGN to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.6006. Conversely, the yearly low was recorded on May 20, dropping to 2.1729.

This high-to-low spread represents a total annual volatility of 0.4277 PLN. From a start-to-finish perspective, comparing the January average rate of 2.2420 to the December average rate of 2.1832, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6006 was up 6.40% compared to the 2023 peak of 2.4443, 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 13,003 PLN

2023 Average 11,607 PLN

Yearly Trough Low 10,865 PLN

Transaction Impact: A difference of 2,138.54 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2479

2.1773

JanuMarcMayJulySeptNove

BGN to PLN 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 2.2094, compared to 2.1957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 2.2094

H2 Avg (Jul–Dec) 2.1957

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.3847 PLN (High: 2.6006 / Low: 2.2159). On the other end, September was the most stable month, with a tight range of 0.0220 PLN (High: 2.1960 / Low: 2.1739).

January Spread (Volatile) ±0.3847

September Spread (Stable) ±0.0220

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0320 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.2420) against the same month in 2023 (average: 2.3901), the exchange rate shifted by -0.1480 (-6.19%).

2024 Avg (January) 2.2420

2023 Avg (January) 2.3901

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6006	2.2159	2.2420
February	2.2228	2.2008	2.2111
March	2.2208	2.1882	2.2025
April	2.2333	2.1798	2.2009
May	2.2148	2.1729	2.1899
June	2.2434	2.1825	2.2098
July	2.2074	2.1747	2.1887
August	2.2105	2.1774	2.1935
September	2.1960	2.1739	2.1866
October	2.2262	2.1932	2.2071
November	2.2402	2.1969	2.2152
December	2.2064	2.1754	2.1832