2019 BGN to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BGN to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BGN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 146696.0126. Conversely, the yearly low was recorded on September 30, dropping to 138479.9012.
This high-to-low spread represents a total annual volatility of 8216.1114 VEF. From a start-to-finish perspective, comparing the January average rate of 145050.8165 to the December average rate of 141169.1698, the exchange rate registered a net change of -2.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 146696.0126 was down 1.90% compared to the 2018 peak of 149533.1200, 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 2019.
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 143498.8155, compared to 140972.5283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2526.2872 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 3111.0866 VEF (High: 146696.0126 / Low: 143584.9260). On the other end, May was the most stable month, with a tight range of 1391.5710 VEF (High: 142775.3473 / Low: 141383.7763).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1436.0422 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 145050.8165) against the same month in 2018 (average: 6.3035), the exchange rate shifted by +145044.5130 (+2301028.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 146696.0126 | 143584.9260 | 145050.8165 |
| February | 145471.9628 | 143166.9071 | 144197.8602 |
| March | 145128.5443 | 142189.1595 | 143550.3325 |
| April | 143760.2031 | 141611.3969 | 142616.5430 |
| May | 142775.3473 | 141383.7763 | 142154.0425 |
| June | 144824.2104 | 141891.6683 | 143423.2983 |
| July | 143571.4035 | 140631.3855 | 142472.2245 |
| August | 142492.8849 | 139544.1381 | 141349.0054 |
| September | 141030.7061 | 138479.9012 | 139912.9633 |
| October | 141810.9342 | 138704.4540 | 140497.2032 |
| November | 141938.1098 | 139808.3334 | 140434.6035 |
| December | 142519.0373 | 139984.2051 | 141169.1698 |