2024 BGN to RUB Historical Review

YEARLY HIGH

61.1299 RUB

YEARLY LOW

45.8762 RUB

YEARLY AVERAGE

51.3332 RUB

2024 BGN to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 61.1299. Conversely, the yearly low was recorded on June 19, dropping to 45.8762.

This high-to-low spread represents a total annual volatility of 15.2537 RUB. From a start-to-finish perspective, comparing the January average rate of 49.8303 to the December average rate of 55.5802, the exchange rate registered a net change of 11.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 61.1299 was up 9.17% compared to the 2023 peak of 55.9958, 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 305,649 RUB

2023 Average 236,517 RUB

Yearly Trough Low 229,381 RUB

Transaction Impact: A difference of 76,268.57 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

56.2921

47.7484

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 50.2413, compared to 52.4252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1839 points.

H1 Avg (Jan–Jun) 50.2413

H2 Avg (Jul–Dec) 52.4252

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 8.8220 RUB (High: 61.1299 / Low: 52.3079). On the other end, March was the most stable month, with a tight range of 1.0271 RUB (High: 51.5233 / Low: 50.4962).

November Spread (Volatile) ±8.8220

March Spread (Stable) ±1.0271

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.8618 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.8618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 54.8362) against the same month in 2023 (average: 50.0953), the exchange rate shifted by +4.7409 (+9.46%).

2024 Avg (November) 54.8362

2023 Avg (November) 50.0953

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.3721	48.9572	49.8303
February	52.4492	49.7437	50.6836
March	51.5233	50.4962	51.0524
April	51.5930	50.4148	50.9899
May	51.2915	49.1798	50.3766
June	50.1645	45.8762	48.5148
July	49.4578	47.1530	48.4603
August	52.5130	47.1792	50.1750
September	53.8197	49.5899	51.8647
October	54.3174	52.8192	53.6346
November	61.1299	52.3079	54.8362
December	60.3615	53.0630	55.5802