2018 BZD to BGN Historical Review

YEARLY HIGH

0.8646 BGN

YEARLY LOW

0.7781 BGN

YEARLY AVERAGE

0.8242 BGN

2018 BZD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BZD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.8646. Conversely, the yearly low was recorded on February 1, dropping to 0.7781.

This high-to-low spread represents a total annual volatility of 0.0865 BGN. From a start-to-finish perspective, comparing the January average rate of 0.7978 to the December average rate of 0.8529, the exchange rate registered a net change of 6.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8646 was down 7.45% compared to the 2017 peak of 0.9342, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,323 BGN

2017 Average 4,311 BGN

Yearly Trough Low 3,890 BGN

Transaction Impact: A difference of 432.74 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8614

0.7810

JanuMarcMayJulySeptNove

BZD 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 0.8040, compared to 0.8443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0404 points.

H1 Avg (Jan–Jun) 0.8040

H2 Avg (Jul–Dec) 0.8443

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0324 BGN (High: 0.8420 / Low: 0.8096). On the other end, July was the most stable month, with a tight range of 0.0089 BGN (High: 0.8370 / Low: 0.8280).

May Spread (Volatile) ±0.0324

July Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between 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 0.0101 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.8547) against the same month in 2017 (average: 0.8286), the exchange rate shifted by +0.0260 (+3.14%).

2018 Avg (November) 0.8547

2017 Avg (November) 0.8286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8150	0.7827	0.7978
February	0.7980	0.7781	0.7877
March	0.7948	0.7819	0.7894
April	0.8050	0.7854	0.7929
May	0.8420	0.8096	0.8228
June	0.8406	0.8241	0.8332
July	0.8370	0.8280	0.8324
August	0.8576	0.8302	0.8437
September	0.8413	0.8272	0.8351
October	0.8582	0.8390	0.8473
November	0.8646	0.8469	0.8547
December	0.8587	0.8466	0.8529