YEARLY HIGH
17.9493 TWD
YEARLY LOW
16.5127 TWD
YEARLY AVERAGE
17.1715 TWD

2020 BGN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 17.9493. Conversely, the yearly low was recorded on May 14, dropping to 16.5127.

This high-to-low spread represents a total annual volatility of 1.4367 TWD. From a start-to-finish perspective, comparing the January average rate of 17.0379 to the December average rate of 17.5383, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 17.9493 was down 1.22% compared to the 2019 peak of 18.1716, 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 89,747 TWD
2019 Average 88,391 TWD
Yearly Trough Low 82,563 TWD
Transaction Impact: A difference of 7,183.36 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

17.8685
16.5959
JanuMarcMayJulySeptNove

BGN to TWD 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 16.8948, compared to 17.4482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5534 points.

H1 Avg (Jan–Jun) 16.8948
H2 Avg (Jul–Dec) 17.4482

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.9475 TWD (High: 17.4793 / Low: 16.5318). On the other end, December was the most stable month, with a tight range of 0.2264 TWD (High: 17.6501 / Low: 17.4236).

March Spread (Volatile) ±0.9475
December Spread (Stable) ±0.2264

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.3218 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 17.7624) against the same month in 2019 (average: 17.8451), the exchange rate shifted by -0.0827 (-0.46%).

2020 Avg (August) 17.7624
2019 Avg (August) 17.8451

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.2072 16.9159 17.0379
February 17.2141 16.6034 16.8447
March 17.4793 16.5318 17.0187
April 16.9336 16.5549 16.7110
May 17.0119 16.5127 16.7019
June 17.3080 16.9091 17.0544
July 17.7452 16.9236 17.2403
August 17.9493 17.6020 17.7624
September 17.8496 17.3477 17.5933
October 17.4033 16.9518 17.2715
November 17.4432 16.9880 17.2834
December 17.6501 17.4236 17.5383