2023 BGN to YER Historical Review

YEARLY HIGH

143.9704 YER

YEARLY LOW

133.9808 YER

YEARLY AVERAGE

138.4668 YER

2023 BGN to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 143.9704. Conversely, the yearly low was recorded on October 3, dropping to 133.9808.

This high-to-low spread represents a total annual volatility of 9.9896 YER. From a start-to-finish perspective, comparing the January average rate of 138.0232 to the December average rate of 139.7097, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 143.9704 was down 1.78% compared to the 2022 peak of 146.5726, 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 719,852 YER

2022 Average 674,125 YER

Yearly Trough Low 669,904 YER

Transaction Impact: A difference of 49,948.15 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

142.1640

134.5996

JanuMarcMayJulySeptNove

BGN to YER 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 138.3989, compared to 138.5347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1358 points.

H1 Avg (Jan–Jun) 138.3989

H2 Avg (Jul–Dec) 138.5347

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 5.3517 YER (High: 140.7269 / Low: 135.3753). On the other end, April was the most stable month, with a tight range of 2.1929 YER (High: 141.5206 / Low: 139.3276).

November Spread (Volatile) ±5.3517

April Spread (Stable) ±2.1929

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 2.9527 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.9527

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 141.5336) against the same month in 2022 (average: 130.3958), the exchange rate shifted by +11.1378 (+8.54%).

2023 Avg (July) 141.5336

2022 Avg (July) 130.3958

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	139.6270	134.6698	138.0232
February	139.6569	135.0193	136.9375
March	139.4565	135.0042	137.0835
April	141.5206	139.3276	140.4657
May	141.6701	136.8414	139.0908
June	140.6010	136.9065	138.7931
July	143.9704	138.9675	141.5336
August	140.9977	138.1377	139.6107
September	138.1784	134.4605	136.6580
October	136.5322	133.9808	135.2300
November	140.7269	135.3753	138.4664
December	142.0875	137.6819	139.7097