2022 BGN to UAH Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BGN to UAH Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BGN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 20.1967. Conversely, the yearly low was recorded on July 14, dropping to 15.1341.
This high-to-low spread represents a total annual volatility of 5.0627 UAH. From a start-to-finish perspective, comparing the January average rate of 16.2004 to the December average rate of 19.9434, the exchange rate registered a net change of 23.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 20.1967 was up 13.37% compared to the 2021 peak of 17.8153, 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 UAH 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 16.3096, compared to 18.6964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3869 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 4.1938 UAH (High: 19.3279 / Low: 15.1341). On the other end, April was the most stable month, with a tight range of 0.4052 UAH (High: 16.6310 / Low: 16.2258).
Growth Streaks & Declines
TrendsBetween January and March, 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 August and September, when the average rate fell by 0.3992 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 19.9434) against the same month in 2021 (average: 15.7245), the exchange rate shifted by +4.2190 (+26.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.5777 | 15.7407 | 16.2004 |
| February | 17.2558 | 16.2662 | 16.5747 |
| March | 17.0973 | 16.4169 | 16.6838 |
| April | 16.6310 | 16.2258 | 16.3882 |
| May | 16.3466 | 15.6875 | 16.0505 |
| June | 16.2205 | 15.7349 | 15.9598 |
| July | 19.3279 | 15.1341 | 16.6098 |
| August | 19.4987 | 18.7604 | 19.0987 |
| September | 19.1327 | 18.1017 | 18.6996 |
| October | 18.8763 | 18.3093 | 18.5603 |
| November | 19.6590 | 18.3676 | 19.2669 |
| December | 20.1967 | 19.6280 | 19.9434 |