YEARLY HIGH
329.4146 SYP
YEARLY LOW
295.6195 SYP
YEARLY AVERAGE
311.0833 SYP

2018 BGN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 329.4146. Conversely, the yearly low was recorded on November 12, dropping to 295.6195.

This high-to-low spread represents a total annual volatility of 33.7951 SYP. From a start-to-finish perspective, comparing the January average rate of 321.2851 to the December average rate of 299.5444, the exchange rate registered a net change of -6.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 329.4146 was up 3.77% compared to the 2017 peak of 317.4592, 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 1,647,073 SYP
2017 Average 977,608 SYP
Yearly Trough Low 1,478,098 SYP
Transaction Impact: A difference of 168,975.44 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

327.8064
296.6277
JanuMarcMayJulySeptNove

BGN to SYP 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 318.8769, compared to 303.2896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.5873 points.

H1 Avg (Jan–Jun) 318.8769
H2 Avg (Jul–Dec) 303.2896

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 12.8860 SYP (High: 327.5185 / Low: 314.6325). On the other end, July was the most stable month, with a tight range of 3.3268 SYP (High: 309.5480 / Low: 306.2212).

January Spread (Volatile) ±12.8860
July Spread (Stable) ±3.3268

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 11.7497 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -11.7497

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 325.2081) against the same month in 2017 (average: 116.6378), the exchange rate shifted by +208.5703 (+178.82%).

2018 Avg (February) 325.2081
2017 Avg (February) 116.6378

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 327.5185 314.6325 321.2851
February 329.4146 321.0611 325.2081
March 327.9360 322.2938 324.6874
April 326.3479 318.0714 323.1767
May 315.6383 304.2425 311.4270
June 310.9687 304.7148 307.4772
July 309.5480 306.2212 307.8492
August 308.4243 298.7106 303.8314
September 310.2127 304.2703 306.8045
October 305.2657 297.9508 302.4824
November 301.6762 295.6195 299.2259
December 301.6798 297.6079 299.5444