YEARLY HIGH
0.4367 BGN
YEARLY LOW
0.2469 BGN
YEARLY AVERAGE
0.3518 BGN

2018 TRY to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.4367. Conversely, the yearly low was recorded on August 13, dropping to 0.2469.

This high-to-low spread represents a total annual volatility of 0.1897 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4252 to the December average rate of 0.3238, the exchange rate registered a net change of -23.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4367 was down 17.26% compared to the 2017 peak of 0.5278, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 21,833 BGN
2017 Average 23,807 BGN
Yearly Trough Low 12,346 BGN
Transaction Impact: A difference of 9,486.63 BGN purely based on transaction execution date.

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0.4411
0.2502
JanuMarcMayJulySeptNove

TRY to BGN 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 0.3965, compared to 0.3072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0894 points.

H1 Avg (Jan–Jun) 0.3965
H2 Avg (Jul–Dec) 0.3072

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0893 BGN (High: 0.3362 / Low: 0.2469). On the other end, February was the most stable month, with a tight range of 0.0067 BGN (High: 0.4218 / Low: 0.4151).

August Spread (Volatile) Âą0.0893
February Spread (Stable) Âą0.0067

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0629 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.4252) against the same month in 2017 (average: 0.4921), the exchange rate shifted by -0.0670 (-13.61%).

2018 Avg (January) 0.4252
2017 Avg (January) 0.4921

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Month High Low Average
January 0.4367 0.4170 0.4252
February 0.4218 0.4151 0.4184
March 0.4190 0.3956 0.4075
April 0.4010 0.3822 0.3923
May 0.3971 0.3507 0.3739
June 0.3713 0.3552 0.3619
July 0.3645 0.3402 0.3508
August 0.3362 0.2469 0.2879
September 0.2797 0.2534 0.2661
October 0.3150 0.2745 0.2933
November 0.3321 0.3104 0.3211
December 0.3325 0.3197 0.3238