2024 BGN to STD Historical Review

YEARLY HIGH

12760.1357 STD

YEARLY LOW

11809.2442 STD

YEARLY AVERAGE

12328.0810 STD

2024 BGN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 12760.1357. Conversely, the yearly low was recorded on December 19, dropping to 11809.2442.

This high-to-low spread represents a total annual volatility of 950.8915 STD. From a start-to-finish perspective, comparing the January average rate of 12427.7382 to the December average rate of 11932.1155, 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 12760.1357 was down 2.78% compared to the 2023 peak of 13125.5488, 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 63,800,679 STD

2023 Average 62,488,820 STD

Yearly Trough Low 59,046,221 STD

Transaction Impact: A difference of 4,754,457.63 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12728.0947

11859.7537

JanuMarcMayJulySeptNove

BGN to STD 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 12317.5910, compared to 12338.5709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.9799 points.

H1 Avg (Jan–Jun) 12317.5910

H2 Avg (Jul–Dec) 12338.5709

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 580.6039 STD (High: 12446.8899 / Low: 11866.2861). On the other end, February was the most stable month, with a tight range of 177.7153 STD (High: 12388.1653 / Low: 12210.4499).

November Spread (Volatile) ±580.6039

February Spread (Stable) ±177.7153

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 306.2848 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -306.2848

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 12558.6119) against the same month in 2023 (average: 12427.7628), the exchange rate shifted by +130.8491 (+1.05%).

2024 Avg (August) 12558.6119

2023 Avg (August) 12427.7628

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12577.0196	12331.5889	12427.7382
February	12388.1653	12210.4499	12296.2996
March	12473.1929	12290.7012	12384.2121
April	12384.3301	12102.4388	12217.6155
May	12407.9986	12156.2707	12318.0137
June	12418.1364	12168.3332	12261.6670
July	12452.0164	12231.9939	12363.5209
August	12760.1357	12291.9149	12558.6119
September	12740.1376	12544.9496	12655.7329
October	12610.6027	12277.1503	12413.8645
November	12446.8899	11866.2861	12107.5797
December	12059.8288	11809.2442	11932.1155