2024 BGN to SLL Historical Review

YEARLY HIGH

12008.6198 SLL

YEARLY LOW

11113.7316 SLL

YEARLY AVERAGE

11602.0112 SLL

2024 BGN to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 12008.6198. Conversely, the yearly low was recorded on December 19, dropping to 11113.7316.

This high-to-low spread represents a total annual volatility of 894.8882 SLL. From a start-to-finish perspective, comparing the January average rate of 11695.7991 to the December average rate of 11229.3664, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12008.6198 was up 0.88% compared to the 2023 peak of 11903.7347, 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 60,043,099 SLL

2023 Average 52,780,618 SLL

Yearly Trough Low 55,568,658 SLL

Transaction Impact: A difference of 4,474,440.99 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11978.4659

11161.2664

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 11592.1391, compared to 11611.8833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.7443 points.

H1 Avg (Jan–Jun) 11592.1391

H2 Avg (Jul–Dec) 11611.8833

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 546.4088 SLL (High: 11713.8229 / Low: 11167.4140). On the other end, February was the most stable month, with a tight range of 167.2487 SLL (High: 11658.5568 / Low: 11491.3082).

November Spread (Volatile) ±546.4088

February Spread (Stable) ±167.2487

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 October and November, when the average rate fell by 288.2460 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -288.2460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 11818.9649) against the same month in 2023 (average: 11695.8222), the exchange rate shifted by +123.1427 (+1.05%).

2024 Avg (August) 11818.9649

2023 Avg (August) 11695.8222

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11836.2884	11605.3126	11695.7991
February	11658.5568	11491.3082	11572.1016
March	11738.5767	11566.8330	11654.8365
April	11654.9475	11389.6584	11498.0517
May	11677.2221	11440.3199	11592.5369
June	11686.7628	11451.6719	11539.5088
July	11718.6474	11511.5832	11635.3639
August	12008.6198	11567.9752	11818.9649
September	11989.7996	11806.1072	11910.3659
October	11867.8937	11554.0801	11682.7425
November	11713.8229	11167.4140	11394.4965
December	11349.5579	11113.7316	11229.3664