YEARLY HIGH
0.0007 BGN
YEARLY LOW
0.0006 BGN
YEARLY AVERAGE
0.0006 BGN

2024 CDF to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0007. Conversely, the yearly low was recorded on September 28, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0001 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0007 to the December average rate of 0.0007, the exchange rate registered a net change of -0.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0007 was down 25.83% compared to the 2023 peak of 0.0009, 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 3 BGN
2023 Average 4 BGN
Yearly Trough Low 3 BGN
Transaction Impact: A difference of 0.32 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0007
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 0.0007, compared to 0.0006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0007
H2 Avg (Jul–Dec) 0.0006

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0000 BGN (High: 0.0007 / Low: 0.0006). On the other end, March was the most stable month, with a tight range of 0.0000 BGN (High: 0.0007 / Low: 0.0006).

November Spread (Volatile) ±0.0000
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0007) against the same month in 2023 (average: 0.0009), the exchange rate shifted by -0.0002 (-25.60%).

2024 Avg (January) 0.0007
2023 Avg (January) 0.0009

Monthly Breakdown

Statistical summary for each calendar month.

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