2018 BGN to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BGN to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BGN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 149533.1200. Conversely, the yearly low was recorded on January 1, dropping to 6.1274.
This high-to-low spread represents a total annual volatility of 149526.9926 VEF. From a start-to-finish perspective, comparing the January average rate of 6.3035 to the December average rate of 144528.3428, the exchange rate registered a net change of 2292739.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 149533.1200 was up 2283840.19% compared to the 2017 peak of 6.5472, 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 2018.
BGN to VEF 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 26028.4919, compared to 124115.6233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 98087.1314 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 85248.0779 VEF (High: 148802.3840 / Low: 63554.3062). On the other end, January was the most stable month, with a tight range of 0.5365 VEF (High: 6.6639 / Low: 6.1274).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2082.0868 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 148010.2294) against the same month in 2017 (average: 6.1347), the exchange rate shifted by +148004.0947 (+2412557.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.6639 | 6.1274 | 6.3035 |
| February | 18118.5486 | 6.3165 | 10308.8988 |
| March | 25625.0401 | 18146.5573 | 22939.2590 |
| April | 41602.7673 | 25178.4838 | 31369.2456 |
| May | 47754.7813 | 42090.5393 | 43842.1742 |
| June | 48247.7725 | 47275.1693 | 47705.0704 |
| July | 63869.7150 | 47507.4918 | 54421.0733 |
| August | 148802.3840 | 63554.3062 | 107424.2706 |
| September | 149533.1200 | 146803.9527 | 148010.2294 |
| October | 147281.3328 | 143749.3218 | 145928.1426 |
| November | 145533.5433 | 142631.5075 | 144381.6812 |
| December | 145558.7110 | 143602.6005 | 144528.3428 |