2018 BYR to BGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BYR to BGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BYR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 1.7421. Conversely, the yearly low was recorded on February 1, dropping to 1.5634.
This high-to-low spread represents a total annual volatility of 0.1787 BGN. From a start-to-finish perspective, comparing the January average rate of 1.6034 to the December average rate of 1.7193, the exchange rate registered a net change of 7.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 1.7421 was down 5.99% compared to the 2017 peak of 1.8532, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BYR to BGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.6159, compared to 1.6984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0824 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.0643 BGN (High: 1.6370 / Low: 1.5727). On the other end, July was the most stable month, with a tight range of 0.0181 BGN (High: 1.6818 / Low: 1.6637).
Growth Streaks & Declines
TrendsBetween February and June, 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 January and February, when the average rate fell by 0.0197 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 1.7211) against the same month in 2017 (average: 1.6654), the exchange rate shifted by +0.0557 (+3.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.6370 | 1.5727 | 1.6034 |
| February | 1.6040 | 1.5634 | 1.5837 |
| March | 1.5979 | 1.5704 | 1.5861 |
| April | 1.6191 | 1.5780 | 1.5936 |
| May | 1.6929 | 1.6316 | 1.6539 |
| June | 1.6901 | 1.6560 | 1.6750 |
| July | 1.6818 | 1.6637 | 1.6730 |
| August | 1.7241 | 1.6698 | 1.6953 |
| September | 1.6925 | 1.6617 | 1.6788 |
| October | 1.7285 | 1.6871 | 1.7028 |
| November | 1.7421 | 1.7071 | 1.7211 |
| December | 1.7304 | 1.7071 | 1.7193 |