2022 BGN to TWD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BGN to TWD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BGN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 16.7817. Conversely, the yearly low was recorded on July 13, dropping to 15.3130.
This high-to-low spread represents a total annual volatility of 1.4687 TWD. From a start-to-finish perspective, comparing the January average rate of 16.0042 to the December average rate of 16.6069, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 16.7817 was down 4.99% compared to the 2021 peak of 17.6639, 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 TWD 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 16.0339, compared to 15.9993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0346 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 0.7177 TWD (High: 16.4917 / Low: 15.7740). On the other end, February was the most stable month, with a tight range of 0.2901 TWD (High: 16.2697 / Low: 15.9796).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4308 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 16.6069) against the same month in 2021 (average: 16.0098), the exchange rate shifted by +0.5971 (+3.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.1516 | 15.8239 | 16.0042 |
| February | 16.2697 | 15.9796 | 16.1684 |
| March | 16.2856 | 15.7039 | 15.9857 |
| April | 16.2434 | 15.8192 | 16.0784 |
| May | 16.1915 | 15.8174 | 15.9785 |
| June | 16.1401 | 15.7686 | 15.9883 |
| July | 15.8409 | 15.3130 | 15.5575 |
| August | 15.8287 | 15.3191 | 15.5652 |
| September | 16.0629 | 15.5256 | 15.8163 |
| October | 16.4917 | 15.7740 | 16.0673 |
| November | 16.5274 | 16.0211 | 16.3828 |
| December | 16.7817 | 16.3201 | 16.6069 |