YEARLY HIGH
1.3285 BGN
YEARLY LOW
1.0750 BGN
YEARLY AVERAGE
1.2742 BGN

2019 BND to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BND to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 1.3285. Conversely, the yearly low was recorded on January 9, dropping to 1.0750.

This high-to-low spread represents a total annual volatility of 0.2535 BGN. From a start-to-finish perspective, comparing the January average rate of 1.0930 to the December average rate of 1.2976, the exchange rate registered a net change of 18.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.3285 was up 5.71% compared to the 2018 peak of 1.2568, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BND based on timing:

Yearly Peak High 6,642 BGN
2018 Average 5,900 BGN
Yearly Trough Low 5,375 BGN
Transaction Impact: A difference of 1,267.55 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.3355
1.0709
JanuMarcMayJulySeptNove

BND 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 1.2493, compared to 1.2991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0497 points.

H1 Avg (Jan–Jun) 1.2493
H2 Avg (Jul–Dec) 1.2991

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.2010 BGN (High: 1.2849 / Low: 1.0839). On the other end, December was the most stable month, with a tight range of 0.0153 BGN (High: 1.3038 / Low: 1.2885).

February Spread (Volatile) ±0.2010
December Spread (Stable) ±0.0153

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0222 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 1.3134) against the same month in 2018 (average: 1.1368), the exchange rate shifted by +0.1766 (+15.54%).

2019 Avg (September) 1.3134
2018 Avg (September) 1.1368

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2719 1.0750 1.0930
February 1.2849 1.0839 1.2563
March 1.2938 1.2678 1.2815
April 1.2992 1.2770 1.2897
May 1.3011 1.2704 1.2935
June 1.2967 1.2704 1.2821
July 1.3084 1.2812 1.2910
August 1.3183 1.2808 1.3012
September 1.3285 1.2868 1.3134
October 1.3264 1.2830 1.2913
November 1.3063 1.2894 1.2999
December 1.3038 1.2885 1.2976