YEARLY HIGH
12760.1357 STD
YEARLY LOW
11809.2442 STD
YEARLY AVERAGE
12328.0810 STD

2024 BGN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 12760.1357. Conversely, the yearly low was recorded on December 19, dropping to 11809.2442.

This high-to-low spread represents a total annual volatility of 950.8915 STD. From a start-to-finish perspective, comparing the January average rate of 12427.7382 to the December average rate of 11932.1155, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12760.1357 was down 2.78% compared to the 2023 peak of 13125.5488, 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 63,800,679 STD
2023 Average 62,488,820 STD
Yearly Trough Low 59,046,221 STD
Transaction Impact: A difference of 4,754,457.63 STD purely based on transaction execution date.

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12728.0947
11859.7537
JanuMarcMayJulySeptNove

BGN to STD 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 12317.5910, compared to 12338.5709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.9799 points.

H1 Avg (Jan–Jun) 12317.5910
H2 Avg (Jul–Dec) 12338.5709

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 580.6039 STD (High: 12446.8899 / Low: 11866.2861). On the other end, February was the most stable month, with a tight range of 177.7153 STD (High: 12388.1653 / Low: 12210.4499).

November Spread (Volatile) Âą580.6039
February Spread (Stable) Âą177.7153

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 306.2848 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -306.2848

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 12558.6119) against the same month in 2023 (average: 12427.7628), the exchange rate shifted by +130.8491 (+1.05%).

2024 Avg (August) 12558.6119
2023 Avg (August) 12427.7628

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Month High Low Average
January 12577.0196 12331.5889 12427.7382
February 12388.1653 12210.4499 12296.2996
March 12473.1929 12290.7012 12384.2121
April 12384.3301 12102.4388 12217.6155
May 12407.9986 12156.2707 12318.0137
June 12418.1364 12168.3332 12261.6670
July 12452.0164 12231.9939 12363.5209
August 12760.1357 12291.9149 12558.6119
September 12740.1376 12544.9496 12655.7329
October 12610.6027 12277.1503 12413.8645
November 12446.8899 11866.2861 12107.5797
December 12059.8288 11809.2442 11932.1155