2023 BGN to VUV Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |