YEARLY HIGH
41.8323 RUB
YEARLY LOW
34.7599 RUB
YEARLY AVERAGE
37.8550 RUB

2018 BGN to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 41.8323. Conversely, the yearly low was recorded on January 9, dropping to 34.7599.

This high-to-low spread represents a total annual volatility of 7.0725 RUB. From a start-to-finish perspective, comparing the January average rate of 35.3426 to the December average rate of 39.3230, the exchange rate registered a net change of 11.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 41.8323 was up 14.05% compared to the 2017 peak of 36.6774, 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 209,162 RUB
2017 Average 168,508 RUB
Yearly Trough Low 173,799 RUB
Transaction Impact: A difference of 35,362.30 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

40.7592
34.8501
JanuMarcMayJulySeptNove

BGN to RUB 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 36.7624, compared to 38.9477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1853 points.

H1 Avg (Jan–Jun) 36.7624
H2 Avg (Jul–Dec) 38.9477

Volatility Range Comparison

Volatility

The most volatile month in 2018 was April, with a trading range of 3.7295 RUB (High: 39.7581 / Low: 36.0286). On the other end, June was the most stable month, with a tight range of 0.7561 RUB (High: 37.8310 / Low: 37.0749).

April Spread (Volatile) ±3.7295
June Spread (Stable) ±0.7561

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 1.5792 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 40.2668) against the same month in 2017 (average: 35.1176), the exchange rate shifted by +5.1492 (+14.66%).

2018 Avg (September) 40.2668
2017 Avg (September) 35.1176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.7616 34.7599 35.3426
February 36.5546 35.0461 35.9100
March 36.4562 35.5512 36.0201
April 39.7581 36.0286 38.1342
May 38.9743 36.7300 37.6927
June 37.8310 37.0749 37.4748
July 38.0711 37.0781 37.5659
August 40.7308 37.4605 39.1853
September 41.8323 38.9352 40.2668
October 39.4311 38.0091 38.6876
November 39.3636 38.1525 38.6574
December 40.6916 38.4325 39.3230