2023 CDF to BGN Historical Review

YEARLY HIGH

0.0009 BGN

YEARLY LOW

0.0006 BGN

YEARLY AVERAGE

0.0008 BGN

2023 CDF to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0009. Conversely, the yearly low was recorded on December 21, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0003 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0009 to the December average rate of 0.0007, the exchange rate registered a net change of -25.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0009 was down 8.56% compared to the 2022 peak of 0.0010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5 BGN

2022 Average 5 BGN

Yearly Trough Low 3 BGN

Transaction Impact: A difference of 1.37 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0009

0.0006

JanuMarcMayJulySeptNove

CDF 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 0.0009, compared to 0.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0009

H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0001 BGN (High: 0.0009 / Low: 0.0008). On the other end, September was the most stable month, with a tight range of 0.0000 BGN (High: 0.0007 / Low: 0.0007).

May Spread (Volatile) ±0.0001

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0009) against the same month in 2022 (average: 0.0009), the exchange rate shifted by +0.0000 (+2.76%).

2023 Avg (January) 0.0009

2022 Avg (January) 0.0009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0009	0.0009	0.0009
February	0.0009	0.0009	0.0009
March	0.0009	0.0009	0.0009
April	0.0009	0.0008	0.0009
May	0.0009	0.0008	0.0008
June	0.0008	0.0007	0.0008
July	0.0007	0.0007	0.0007
August	0.0007	0.0007	0.0007
September	0.0007	0.0007	0.0007
October	0.0008	0.0007	0.0007
November	0.0007	0.0007	0.0007
December	0.0007	0.0006	0.0007