YEARLY HIGH
0.8915 BGN
YEARLY LOW
0.8400 BGN
YEARLY AVERAGE
0.8671 BGN

2019 BZD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BZD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.8915. Conversely, the yearly low was recorded on January 9, dropping to 0.8400.

This high-to-low spread represents a total annual volatility of 0.0514 BGN. From a start-to-finish perspective, comparing the January average rate of 0.8505 to the December average rate of 0.8734, the exchange rate registered a net change of 2.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8915 was up 3.10% compared to the 2018 peak of 0.8646, 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 4,457 BGN
2018 Average 4,122 BGN
Yearly Trough Low 4,200 BGN
Transaction Impact: A difference of 257.13 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8844
0.8474
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 0.8595, compared to 0.8748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 0.8595
H2 Avg (Jul–Dec) 0.8748

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0222 BGN (High: 0.8915 / Low: 0.8692). On the other end, May was the most stable month, with a tight range of 0.0079 BGN (High: 0.8714 / Low: 0.8635).

October Spread (Volatile) ±0.0222
May Spread (Stable) ±0.0079

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 0.0077 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.8780) against the same month in 2018 (average: 0.8473), the exchange rate shifted by +0.0307 (+3.62%).

2019 Avg (October) 0.8780
2018 Avg (October) 0.8473

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8587 0.8400 0.8505
February 0.8630 0.8472 0.8550
March 0.8718 0.8501 0.8597
April 0.8720 0.8580 0.8649
May 0.8714 0.8635 0.8673
June 0.8708 0.8515 0.8596
July 0.8765 0.8562 0.8651
August 0.8835 0.8650 0.8727
September 0.8891 0.8760 0.8813
October 0.8915 0.8692 0.8780
November 0.8825 0.8685 0.8781
December 0.8824 0.8652 0.8734