YEARLY HIGH
304.0396 SYP
YEARLY LOW
287.0347 SYP
YEARLY AVERAGE
294.8237 SYP

2019 BGN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 304.0396. Conversely, the yearly low was recorded on October 1, dropping to 287.0347.

This high-to-low spread represents a total annual volatility of 17.0049 SYP. From a start-to-finish perspective, comparing the January average rate of 300.6210 to the December average rate of 292.5778, the exchange rate registered a net change of -2.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 304.0396 was down 7.70% compared to the 2018 peak of 329.4146, 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 1,520,198 SYP
2018 Average 1,554,941 SYP
Yearly Trough Low 1,435,174 SYP
Transaction Impact: A difference of 85,024.33 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

301.6792
288.9811
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 297.4014, compared to 292.2460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1554 points.

H1 Avg (Jan–Jun) 297.4014
H2 Avg (Jul–Dec) 292.2460

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 6.8081 SYP (High: 293.8428 / Low: 287.0347). On the other end, May was the most stable month, with a tight range of 2.8823 SYP (High: 295.9035 / Low: 293.0213).

October Spread (Volatile) ±6.8081
May Spread (Stable) ±2.8823

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 3.0440 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.0440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 300.6210) against the same month in 2018 (average: 321.2851), the exchange rate shifted by -20.6640 (-6.43%).

2019 Avg (January) 300.6210
2018 Avg (January) 321.2851

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 304.0396 297.5794 300.6210
February 301.5176 296.7244 298.8449
March 300.7825 294.6885 297.5006
April 298.0893 293.4911 295.5936
May 295.9035 293.0213 294.6300
June 300.1496 294.0892 297.2182
July 297.9760 292.5703 295.7657
August 295.5800 288.9691 293.0833
September 292.7882 287.1730 290.0393
October 293.8428 287.0347 290.9528
November 294.1550 289.7468 291.0570
December 295.3215 290.1733 292.5778