YEARLY HIGH
322.1155 SYP
YEARLY LOW
280.9907 SYP
YEARLY AVERAGE
299.5088 SYP

2020 BGN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 322.1155. Conversely, the yearly low was recorded on March 19, dropping to 280.9907.

This high-to-low spread represents a total annual volatility of 41.1248 SYP. From a start-to-finish perspective, comparing the January average rate of 292.3461 to the December average rate of 319.1420, the exchange rate registered a net change of 9.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 322.1155 was up 5.95% compared to the 2019 peak of 304.0396, 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 1,610,577 SYP
2019 Average 1,474,027 SYP
Yearly Trough Low 1,404,953 SYP
Transaction Impact: A difference of 205,624.09 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

322.5240
281.9402
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 289.6454, compared to 309.3722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.7267 points.

H1 Avg (Jan–Jun) 289.6454
H2 Avg (Jul–Dec) 309.3722

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 19.3232 SYP (High: 300.3139 / Low: 280.9907). On the other end, October was the most stable month, with a tight range of 5.2144 SYP (High: 310.7602 / Low: 305.5458).

March Spread (Volatile) ±19.3232
October Spread (Stable) ±5.2144

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 5.6658 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.6658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 319.1420) against the same month in 2019 (average: 292.5778), the exchange rate shifted by +26.5642 (+9.08%).

2020 Avg (December) 319.1420
2019 Avg (December) 292.5778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 295.3302 289.9405 292.3461
February 292.0001 284.1115 287.5490
March 300.3139 280.9907 290.9879
April 288.1838 282.6802 285.3221
May 291.7070 283.3007 286.3336
June 298.2910 292.1169 295.3339
July 310.0430 294.7389 300.4785
August 312.5941 307.2034 309.6003
September 311.2901 304.2153 308.1358
October 310.7602 305.5458 308.3150
November 313.7043 304.7087 310.5614
December 322.1155 316.7729 319.1420