YEARLY HIGH
18.3977 UAH
YEARLY LOW
15.4271 UAH
YEARLY AVERAGE
16.4228 UAH

2018 BGN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 18.3977. Conversely, the yearly low was recorded on May 29, dropping to 15.4271.

This high-to-low spread represents a total annual volatility of 2.9706 UAH. From a start-to-finish perspective, comparing the January average rate of 17.7689 to the December average rate of 16.1370, the exchange rate registered a net change of -9.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 18.3977 was up 6.62% compared to the 2017 peak of 17.2548, 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 91,988 UAH
2017 Average 76,821 UAH
Yearly Trough Low 77,135 UAH
Transaction Impact: A difference of 14,853.02 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

17.9793
15.4536
JanuMarcMayJulySeptNove

BGN to UAH 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 16.5689, compared to 16.2767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2923 points.

H1 Avg (Jan–Jun) 16.5689
H2 Avg (Jul–Dec) 16.2767

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.1676 UAH (High: 18.3977 / Low: 17.2301). On the other end, September was the most stable month, with a tight range of 0.2509 UAH (High: 16.9010 / Low: 16.6501).

January Spread (Volatile) ±1.1676
September Spread (Stable) ±0.2509

Growth Streaks & Declines

Trends

Between June and September, 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 January and February, when the average rate fell by 0.6237 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 17.7689) against the same month in 2017 (average: 14.8079), the exchange rate shifted by +2.9610 (+20.00%).

2018 Avg (January) 17.7689
2017 Avg (January) 14.8079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.3977 17.2301 17.7689
February 17.8042 16.8034 17.1451
March 16.8890 16.3564 16.5835
April 16.6870 16.2078 16.4185
May 16.1137 15.4271 15.8337
June 15.8002 15.4518 15.6640
July 16.0435 15.5938 15.7672
August 16.8638 15.8278 16.2362
September 16.9010 16.6501 16.7959
October 16.7043 16.2955 16.4989
November 16.5012 16.0256 16.2247
December 16.3844 15.9435 16.1370