YEARLY HIGH
1471.2902 SYP
YEARLY LOW
1231.3058 SYP
YEARLY AVERAGE
1354.1514 SYP

2022 BGN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 1471.2902. Conversely, the yearly low was recorded on September 27, dropping to 1231.3058.

This high-to-low spread represents a total annual volatility of 239.9844 SYP. From a start-to-finish perspective, comparing the January average rate of 1453.9835 to the December average rate of 1359.4172, the exchange rate registered a net change of -6.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1471.2902 was up 0.86% compared to the 2021 peak of 1458.7289, 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 7,356,451 SYP
2021 Average 3,719,556 SYP
Yearly Trough Low 6,156,529 SYP
Transaction Impact: A difference of 1,199,922.02 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1476.8434
1244.1778
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 1405.1032, compared to 1303.1995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 101.9036 points.

H1 Avg (Jan–Jun) 1405.1032
H2 Avg (Jul–Dec) 1303.1995

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 85.5021 SYP (High: 1337.3306 / Low: 1251.8285). On the other end, February was the most stable month, with a tight range of 31.1684 SYP (High: 1469.2636 / Low: 1438.0952).

November Spread (Volatile) ±85.5021
February Spread (Stable) ±31.1684

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 48.5175 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -48.5175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 1453.9835) against the same month in 2021 (average: 319.1544), the exchange rate shifted by +1134.8292 (+355.57%).

2022 Avg (January) 1453.9835
2021 Avg (January) 319.1544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1471.2902 1431.3146 1453.9835
February 1469.2636 1438.0952 1457.4546
March 1433.3727 1394.3703 1413.6489
April 1418.8123 1348.7622 1389.6853
May 1385.3101 1331.9391 1358.1598
June 1380.0522 1337.5015 1357.6870
July 1337.8896 1287.8568 1309.1695
August 1326.8473 1276.6804 1299.7732
September 1301.3422 1231.3058 1273.6562
October 1295.7731 1246.0938 1263.5666
November 1337.3306 1251.8285 1313.6146
December 1375.1050 1342.1097 1359.4172