YEARLY HIGH
0.4280 XDR
YEARLY LOW
0.4044 XDR
YEARLY AVERAGE
0.4166 XDR

2024 BGN to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.4280. Conversely, the yearly low was recorded on December 19, dropping to 0.4044.

This high-to-low spread represents a total annual volatility of 0.0236 XDR. From a start-to-finish perspective, comparing the January average rate of 0.4177 to the December average rate of 0.4083, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4280 was up 0.09% compared to the 2023 peak of 0.4276, 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 2,140 XDR
2023 Average 2,072 XDR
Yearly Trough Low 2,022 XDR
Transaction Impact: A difference of 118.04 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4232
0.4069
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 0.4170, compared to 0.4163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.4170
H2 Avg (Jul–Dec) 0.4163

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0134 XDR (High: 0.4186 / Low: 0.4052). On the other end, July was the most stable month, with a tight range of 0.0053 XDR (High: 0.4222 / Low: 0.4170).

November Spread (Volatile) ±0.0134
July Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between June and August, 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 October and November, when the average rate fell by 0.0050 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4218) against the same month in 2023 (average: 0.4178), the exchange rate shifted by +0.0040 (+0.97%).

2024 Avg (August) 0.4218
2023 Avg (August) 0.4178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4217 0.4148 0.4177
February 0.4188 0.4125 0.4158
March 0.4217 0.4145 0.4179
April 0.4187 0.4100 0.4152
May 0.4210 0.4141 0.4182
June 0.4206 0.4145 0.4169
July 0.4222 0.4170 0.4196
August 0.4280 0.4155 0.4218
September 0.4238 0.4172 0.4210
October 0.4191 0.4133 0.4161
November 0.4186 0.4052 0.4111
December 0.4131 0.4044 0.4083