2020 BTN to BGN Historical Review

YEARLY HIGH

0.0254 BGN

YEARLY LOW

0.0216 BGN

YEARLY AVERAGE

0.0232 BGN

2020 BTN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BTN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0254. Conversely, the yearly low was recorded on December 21, dropping to 0.0216.

This high-to-low spread represents a total annual volatility of 0.0038 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0247 to the December average rate of 0.0218, the exchange rate registered a net change of -11.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0254 was down 1.27% compared to the 2019 peak of 0.0257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 127 BGN

2019 Average 124 BGN

Yearly Trough Low 108 BGN

Transaction Impact: A difference of 18.77 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0254

0.0215

JanuMarcMayJulySeptNove

BTN 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 0.0240, compared to 0.0224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0240

H2 Avg (Jul–Dec) 0.0224

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0014 BGN (High: 0.0245 / Low: 0.0232). On the other end, December was the most stable month, with a tight range of 0.0004 BGN (High: 0.0220 / Low: 0.0216).

March Spread (Volatile) ±0.0014

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0013 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0251) against the same month in 2019 (average: 0.0242), the exchange rate shifted by +0.0008 (+3.43%).

2020 Avg (February) 0.0251

2019 Avg (February) 0.0242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0249	0.0243	0.0247
February	0.0254	0.0245	0.0251
March	0.0245	0.0232	0.0238
April	0.0239	0.0234	0.0236
May	0.0240	0.0233	0.0237
June	0.0233	0.0227	0.0229
July	0.0233	0.0221	0.0228
August	0.0224	0.0220	0.0222
September	0.0228	0.0224	0.0226
October	0.0228	0.0224	0.0226
November	0.0226	0.0221	0.0222
December	0.0220	0.0216	0.0218