2024 BGN to SDG Historical Review

YEARLY HIGH

344.4615 SDG

YEARLY LOW

311.2474 SDG

YEARLY AVERAGE

330.9055 SDG

2024 BGN to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 344.4615. Conversely, the yearly low was recorded on May 1, dropping to 311.2474.

This high-to-low spread represents a total annual volatility of 33.2141 SDG. From a start-to-finish perspective, comparing the January average rate of 335.2095 to the December average rate of 322.1090, the exchange rate registered a net change of -3.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 344.4615 was down 0.42% compared to the 2023 peak of 345.9087, 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 1,722,307 SDG

2023 Average 1,649,573 SDG

Yearly Trough Low 1,556,237 SDG

Transaction Impact: A difference of 166,070.33 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

343.6491

319.5777

JanuMarcMayJulySeptNove

BGN to SDG 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 329.3556, compared to 332.4554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0998 points.

H1 Avg (Jan–Jun) 329.3556

H2 Avg (Jul–Dec) 332.4554

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 23.4296 SDG (High: 334.6771 / Low: 311.2474). On the other end, February was the most stable month, with a tight range of 4.7935 SDG (High: 334.1421 / Low: 329.3486).

May Spread (Volatile) ±23.4296

February Spread (Stable) ±4.7935

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 8.4026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -8.4026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 339.0213) against the same month in 2023 (average: 335.3993), the exchange rate shifted by +3.6220 (+1.08%).

2024 Avg (August) 339.0213

2023 Avg (August) 335.3993

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	339.2360	332.6161	335.2095
February	334.1421	329.3486	331.6167
March	336.4223	323.7873	329.9863
April	331.2117	318.2880	321.5837
May	334.6771	311.2474	331.1468
June	333.4465	320.7943	326.5905
July	335.5263	324.2379	329.9994
August	344.4615	331.8218	339.0213
September	343.9216	338.6525	341.6431
October	340.4248	331.4232	335.1138
November	336.0054	320.3319	326.8456
December	325.5566	318.7920	322.1090