YEARLY HIGH
0.2953 BGN
YEARLY LOW
0.2475 BGN
YEARLY AVERAGE
0.2698 BGN

2022 BOB to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BOB to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.2953. Conversely, the yearly low was recorded on January 13, dropping to 0.2475.

This high-to-low spread represents a total annual volatility of 0.0477 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2508 to the December average rate of 0.2674, the exchange rate registered a net change of 6.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2953 was up 16.64% compared to the 2021 peak of 0.2531, 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 1,476 BGN
2021 Average 1,198 BGN
Yearly Trough Low 1,238 BGN
Transaction Impact: A difference of 238.66 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2915
0.2467
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 0.2600, compared to 0.2795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.2600
H2 Avg (Jul–Dec) 0.2795

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0194 BGN (High: 0.2910 / Low: 0.2716). On the other end, February was the most stable month, with a tight range of 0.0062 BGN (High: 0.2544 / Low: 0.2482).

November Spread (Volatile) ±0.0194
February Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.0106 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.2857) against the same month in 2021 (average: 0.2405), the exchange rate shifted by +0.0451 (+18.77%).

2022 Avg (September) 0.2857
2021 Avg (September) 0.2405

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2551 0.2475 0.2508
February 0.2544 0.2482 0.2505
March 0.2621 0.2549 0.2583
April 0.2712 0.2568 0.2625
May 0.2745 0.2632 0.2691
June 0.2731 0.2640 0.2688
July 0.2838 0.2728 0.2792
August 0.2849 0.2741 0.2800
September 0.2953 0.2794 0.2857
October 0.2917 0.2832 0.2877
November 0.2910 0.2716 0.2771
December 0.2709 0.2644 0.2674