2023 BGN to PYG Historical Review

YEARLY HIGH

4180.7131 PYG

YEARLY LOW

3872.1326 PYG

YEARLY AVERAGE

4031.1072 PYG

2023 BGN to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 4180.7131. Conversely, the yearly low was recorded on March 7, dropping to 3872.1326.

This high-to-low spread represents a total annual volatility of 308.5804 PYG. From a start-to-finish perspective, comparing the January average rate of 4067.2405 to the December average rate of 4108.3643, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4180.7131 was up 1.61% compared to the 2022 peak of 4114.5306, 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 20,903,565 PYG

2022 Average 18,799,505 PYG

Yearly Trough Low 19,360,663 PYG

Transaction Impact: A difference of 1,542,902.24 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4131.2011

3918.9322

JanuMarcMayJulySeptNove

BGN to PYG 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 4005.9533, compared to 4056.2611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 50.3078 points.

H1 Avg (Jan–Jun) 4005.9533

H2 Avg (Jul–Dec) 4056.2611

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 200.8316 PYG (High: 4140.1141 / Low: 3939.2825). On the other end, August was the most stable month, with a tight range of 83.2098 PYG (High: 4105.1484 / Low: 4021.9386).

January Spread (Volatile) ±200.8316

August Spread (Stable) ±83.2098

Growth Streaks & Declines

Trends

Between May and July, 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 August and September, when the average rate fell by 84.6810 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -84.6810

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 4113.5121) against the same month in 2022 (average: 3752.9878), the exchange rate shifted by +360.5243 (+9.61%).

2023 Avg (November) 4113.5121

2022 Avg (November) 3752.9878

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4140.1141	3939.2825	4067.2405
February	4092.0413	3941.1227	3994.0710
March	3994.4321	3872.1326	3936.6213
April	4102.2353	3972.7983	4016.8394
May	4073.3973	3942.4098	4001.2680
June	4075.8702	3944.7702	4019.6797
July	4175.7646	4026.7290	4106.3082
August	4105.1484	4021.9386	4056.0902
September	4018.4827	3918.8150	3971.4092
October	4050.3770	3900.5727	3981.8825
November	4180.7131	4034.4239	4113.5121
December	4164.5136	4045.9387	4108.3643