2023 BGN to RUB Historical Review

YEARLY HIGH

55.9958 RUB

YEARLY LOW

36.5870 RUB

YEARLY AVERAGE

47.2606 RUB

2023 BGN to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 55.9958. Conversely, the yearly low was recorded on January 15, dropping to 36.5870.

This high-to-low spread represents a total annual volatility of 19.4088 RUB. From a start-to-finish perspective, comparing the January average rate of 38.5715 to the December average rate of 50.8397, the exchange rate registered a net change of 31.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 55.9958 was down 29.29% compared to the 2022 peak of 79.1920, 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 279,979 RUB

2022 Average 189,421 RUB

Yearly Trough Low 182,935 RUB

Transaction Impact: A difference of 97,044.08 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

54.9414

37.0833

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 42.7125, compared to 51.8087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.0961 points.

H1 Avg (Jan–Jun) 42.7125

H2 Avg (Jul–Dec) 51.8087

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 5.3080 RUB (High: 49.5527 / Low: 44.2448). On the other end, November was the most stable month, with a tight range of 1.7519 RUB (High: 50.9638 / Low: 49.2119).

June Spread (Volatile) ±5.3080

November Spread (Stable) ±1.7519

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 October and November, when the average rate fell by 2.3326 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.3326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 53.4533) against the same month in 2022 (average: 31.4539), the exchange rate shifted by +21.9993 (+69.94%).

2023 Avg (August) 53.4533

2022 Avg (August) 31.4539

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.3364	36.5870	38.5715
February	41.1430	38.9586	40.2108
March	43.1457	40.7801	41.8160
April	46.1906	43.1457	45.4502
May	45.4412	42.7426	43.9791
June	49.5527	44.2448	46.2476
July	52.4436	49.0686	51.2313
August	55.9958	51.9978	53.4533
September	53.8901	51.9146	52.8045
October	54.7282	50.3974	52.4279
November	50.9638	49.2119	50.0953
December	52.2878	49.7860	50.8397