YEARLY HIGH
0.2599 BGN
YEARLY LOW
0.2451 BGN
YEARLY AVERAGE
0.2528 BGN

2019 BOB to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BOB to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.2599. Conversely, the yearly low was recorded on January 9, dropping to 0.2451.

This high-to-low spread represents a total annual volatility of 0.0148 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2480 to the December average rate of 0.2547, the exchange rate registered a net change of 2.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2599 was up 3.03% compared to the 2018 peak of 0.2522, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,299 BGN
2018 Average 1,200 BGN
Yearly Trough Low 1,225 BGN
Transaction Impact: A difference of 74.01 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2579
0.2471
JanuMarcMayJulySeptNove

BOB 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 0.2506, compared to 0.2551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.2506
H2 Avg (Jul–Dec) 0.2551

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0065 BGN (High: 0.2599 / Low: 0.2534). On the other end, May was the most stable month, with a tight range of 0.0022 BGN (High: 0.2541 / Low: 0.2519).

October Spread (Volatile) ±0.0065
May Spread (Stable) ±0.0022

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 May and June, when the average rate fell by 0.0023 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.2558) against the same month in 2018 (average: 0.2464), the exchange rate shifted by +0.0094 (+3.81%).

2019 Avg (October) 0.2558
2018 Avg (October) 0.2464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2505 0.2451 0.2480
February 0.2511 0.2472 0.2493
March 0.2530 0.2480 0.2506
April 0.2542 0.2500 0.2519
May 0.2541 0.2519 0.2530
June 0.2540 0.2482 0.2507
July 0.2556 0.2497 0.2523
August 0.2577 0.2522 0.2546
September 0.2592 0.2554 0.2570
October 0.2599 0.2534 0.2558
November 0.2572 0.2532 0.2559
December 0.2572 0.2526 0.2547