YEARLY HIGH
17.7989 UAH
YEARLY LOW
13.5045 UAH
YEARLY AVERAGE
15.7581 UAH

2020 BGN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 17.7989. Conversely, the yearly low was recorded on February 20, dropping to 13.5045.

This high-to-low spread represents a total annual volatility of 4.2944 UAH. From a start-to-finish perspective, comparing the January average rate of 13.7202 to the December average rate of 17.5282, the exchange rate registered a net change of 27.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 17.7989 was up 7.06% compared to the 2019 peak of 16.6256, 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 88,994 UAH
2019 Average 73,909 UAH
Yearly Trough Low 67,522 UAH
Transaction Impact: A difference of 21,472.17 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

17.9090
13.3394
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 14.6390, compared to 16.8771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2381 points.

H1 Avg (Jan–Jun) 14.6390
H2 Avg (Jul–Dec) 16.8771

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.0810 UAH (High: 15.9614 / Low: 13.8804). On the other end, October was the most stable month, with a tight range of 0.2212 UAH (High: 17.1840 / Low: 16.9627).

March Spread (Volatile) ±2.0810
October Spread (Stable) ±0.2212

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1574 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.1574

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 17.5282) against the same month in 2019 (average: 13.3834), the exchange rate shifted by +4.1448 (+30.97%).

2020 Avg (December) 17.5282
2019 Avg (December) 13.3834

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.1867 13.5060 13.7202
February 14.2022 13.5045 13.7261
March 15.9614 13.8804 14.9800
April 15.5149 14.8991 15.1045
May 15.2423 14.7220 14.9471
June 15.5423 15.2536 15.3562
July 16.7664 15.3393 16.0135
August 16.8131 16.5267 16.6444
September 17.0676 16.7120 16.8776
October 17.1840 16.9627 17.0534
November 17.4354 16.9659 17.1456
December 17.7989 17.2372 17.5282