2023 BGN to SLL Historical Review

YEARLY HIGH

11903.7347 SLL

YEARLY LOW

9504.3635 SLL

YEARLY AVERAGE

10550.3377 SLL

2023 BGN to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 11903.7347. Conversely, the yearly low was recorded on January 5, dropping to 9504.3635.

This high-to-low spread represents a total annual volatility of 2399.3712 SLL. From a start-to-finish perspective, comparing the January average rate of 9739.9852 to the December average rate of 11707.9393, the exchange rate registered a net change of 20.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11903.7347 was up 23.12% compared to the 2022 peak of 9668.0358, 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 59,518,673 SLL

2022 Average 36,816,892 SLL

Yearly Trough Low 47,521,817 SLL

Transaction Impact: A difference of 11,996,856.21 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11912.4441

9458.3864

JanuMarcMayJulySeptNove

BGN to SLL 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 9766.4408, compared to 11334.2346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1567.7938 points.

H1 Avg (Jan–Jun) 9766.4408

H2 Avg (Jul–Dec) 11334.2346

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2021.9921 SLL (High: 11827.7095 / Low: 9805.7175). On the other end, April was the most stable month, with a tight range of 156.7290 SLL (High: 9987.8551 / Low: 9831.1261).

July Spread (Volatile) ±2021.9921

April Spread (Stable) ±156.7290

Growth Streaks & Declines

Trends

Between February and April, 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 248.8171 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -248.8171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 11707.9393) against the same month in 2022 (average: 9557.7387), the exchange rate shifted by +2150.2005 (+22.50%).

2023 Avg (December) 11707.9393

2022 Avg (December) 9557.7387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9851.2690	9504.3635	9739.9852
February	9852.3953	9527.1225	9662.8912
March	9840.2224	9527.9601	9674.5724
April	9987.8551	9831.1261	9911.9906
May	9998.4152	9655.6964	9815.3387
June	9922.9587	9660.2903	9793.8665
July	11827.7095	9805.7175	10228.1018
August	11810.0768	11574.7692	11695.8222
September	11580.3047	11262.5108	11447.0051
October	11437.1813	11220.0864	11327.5418
November	11788.5653	11341.3938	11598.9972
December	11903.7347	11533.4903	11707.9393