2022 BGN to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |