2024 BGN to YER Historical Review

YEARLY HIGH

143.3395 YER

YEARLY LOW

132.4312 YER

YEARLY AVERAGE

138.4748 YER

2024 BGN to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 143.3395. Conversely, the yearly low was recorded on December 19, dropping to 132.4312.

This high-to-low spread represents a total annual volatility of 10.9083 YER. From a start-to-finish perspective, comparing the January average rate of 139.6299 to the December average rate of 133.9158, the exchange rate registered a net change of -4.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 143.3395 was down 0.44% compared to the 2023 peak of 143.9704, 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 716,698 YER

2023 Average 692,390 YER

Yearly Trough Low 662,156 YER

Transaction Impact: A difference of 54,541.69 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

143.0111

133.0890

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 138.3852, compared to 138.5644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1792 points.

H1 Avg (Jan–Jun) 138.3852

H2 Avg (Jul–Dec) 138.5644

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 6.4565 YER (High: 139.5553 / Low: 133.0988). On the other end, February was the most stable month, with a tight range of 1.9690 YER (High: 139.1610 / Low: 137.1920).

November Spread (Volatile) ±6.4565

February Spread (Stable) ±1.9690

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.6719 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.6719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 141.0987) against the same month in 2023 (average: 139.6107), the exchange rate shifted by +1.4879 (+1.07%).

2024 Avg (August) 141.0987

2023 Avg (August) 139.6107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	141.2430	138.5531	139.6299
February	139.1610	137.1920	138.1256
March	140.1511	138.0938	139.1500
April	139.1735	135.9760	137.2834
May	139.1610	136.5833	138.3436
June	139.5674	136.7462	137.7788
July	139.8923	137.4342	138.9102
August	143.3395	138.1074	141.0987
September	143.1149	140.9504	142.1843
October	141.6739	137.9690	139.4747
November	139.5553	133.0988	135.8028
December	135.5268	132.4312	133.9158