YEARLY HIGH
68.4221 VUV
YEARLY LOW
63.5116 VUV
YEARLY AVERAGE
65.6270 VUV

2023 BGN to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 68.4221. Conversely, the yearly low was recorded on January 5, dropping to 63.5116.

This high-to-low spread represents a total annual volatility of 4.9104 VUV. From a start-to-finish perspective, comparing the January average rate of 65.0861 to the December average rate of 66.2863, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 68.4221 was up 2.65% compared to the 2022 peak of 66.6555, 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 342,110 VUV
2022 Average 314,497 VUV
Yearly Trough Low 317,558 VUV
Transaction Impact: A difference of 24,552.16 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

67.5644
63.8206
JanuMarcMayJulySeptNove

BGN to VUV 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 65.5262, compared to 65.7279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2017 points.

H1 Avg (Jan–Jun) 65.5262
H2 Avg (Jul–Dec) 65.7279

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.5462 VUV (High: 66.2155 / Low: 63.6693). On the other end, April was the most stable month, with a tight range of 1.0556 VUV (High: 67.2712 / Low: 66.2155).

March Spread (Volatile) ±2.5462
April Spread (Stable) ±1.0556

Growth Streaks & Declines

Trends

Between February and April, 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 1.4087 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 67.2525) against the same month in 2022 (average: 61.6294), the exchange rate shifted by +5.6230 (+9.12%).

2023 Avg (July) 67.2525
2022 Avg (July) 61.6294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 65.8298 63.5116 65.0861
February 65.8373 63.6637 64.5710
March 66.2155 63.6693 64.6658
April 67.2712 66.2155 66.7602
May 67.3423 65.0340 66.1092
June 66.8341 65.0649 65.9646
July 68.4221 66.0444 67.2525
August 66.8645 65.5323 66.2177
September 65.5636 63.7644 64.8090
October 64.7533 63.5242 64.1326
November 66.7427 64.2110 65.6695
December 67.3948 65.2986 66.2863