YEARLY HIGH
2.1096 BGN
YEARLY LOW
1.9669 BGN
YEARLY AVERAGE
2.0536 BGN

2024 CHF to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 2.1096. Conversely, the yearly low was recorded on May 25, dropping to 1.9669.

This high-to-low spread represents a total annual volatility of 0.1428 BGN. From a start-to-finish perspective, comparing the January average rate of 2.0893 to the December average rate of 2.0937, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1096 was up 0.16% compared to the 2023 peak of 2.1062, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,548 BGN
2023 Average 10,065 BGN
Yearly Trough Low 9,834 BGN
Transaction Impact: A difference of 713.89 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1041
1.9796
JanuMarcMayJulySeptNove

CHF 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 2.0344, compared to 2.0728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0384 points.

H1 Avg (Jan–Jun) 2.0344
H2 Avg (Jul–Dec) 2.0728

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0612 BGN (High: 2.0593 / Low: 1.9981). On the other end, October was the most stable month, with a tight range of 0.0197 BGN (High: 2.0944 / Low: 2.0747).

June Spread (Volatile) ±0.0612
October Spread (Stable) ±0.0197

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0420 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.0937) against the same month in 2023 (average: 2.0737), the exchange rate shifted by +0.0200 (+0.97%).

2024 Avg (December) 2.0937
2023 Avg (December) 2.0737

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1087 2.0667 2.0893
February 2.0972 2.0448 2.0665
March 2.0415 1.9946 2.0245
April 2.0187 1.9879 2.0040
May 2.0073 1.9669 1.9899
June 2.0593 1.9981 2.0320
July 2.0573 1.9969 2.0211
August 2.1000 2.0425 2.0693
September 2.0974 2.0563 2.0786
October 2.0944 2.0747 2.0839
November 2.1077 2.0714 2.0902
December 2.1096 2.0760 2.0937