2023 BGN to XDR Historical Review

YEARLY HIGH

0.4276 XDR

YEARLY LOW

0.4034 XDR

YEARLY AVERAGE

0.4144 XDR

2023 BGN to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.4276. Conversely, the yearly low was recorded on January 5, dropping to 0.4034.

This high-to-low spread represents a total annual volatility of 0.0242 XDR. From a start-to-finish perspective, comparing the January average rate of 0.4104 to the December average rate of 0.4186, the exchange rate registered a net change of 2.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4276 was up 2.38% compared to the 2022 peak of 0.4177, 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 2,138 XDR

2022 Average 1,964 XDR

Yearly Trough Low 2,017 XDR

Transaction Impact: A difference of 121.16 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4220

0.4072

JanuMarcMayJulySeptNove

BGN to XDR 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 0.4123, compared to 0.4166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.4123

H2 Avg (Jul–Dec) 0.4166

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0119 XDR (High: 0.4276 / Low: 0.4157). On the other end, August was the most stable month, with a tight range of 0.0063 XDR (High: 0.4214 / Low: 0.4151).

July Spread (Volatile) ±0.0119

August Spread (Stable) ±0.0063

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 0.0049 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4207) against the same month in 2022 (average: 0.3830), the exchange rate shifted by +0.0377 (+9.85%).

2023 Avg (July) 0.4207

2022 Avg (July) 0.3830

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4135	0.4034	0.4104
February	0.4131	0.4050	0.4084
March	0.4160	0.4055	0.4104
April	0.4194	0.4129	0.4157
May	0.4208	0.4097	0.4132
June	0.4204	0.4098	0.4154
July	0.4276	0.4157	0.4207
August	0.4214	0.4151	0.4178
September	0.4160	0.4086	0.4129
October	0.4157	0.4071	0.4113
November	0.4227	0.4126	0.4183
December	0.4237	0.4141	0.4186