2024 CNY to BGN Historical Review

YEARLY HIGH

0.2592 BGN

YEARLY LOW

0.2451 BGN

YEARLY AVERAGE

0.2519 BGN

2024 CNY to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.2592. Conversely, the yearly low was recorded on August 25, dropping to 0.2451.

This high-to-low spread represents a total annual volatility of 0.0142 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2522 to the December average rate of 0.2565, the exchange rate registered a net change of 1.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2592 was down 4.00% compared to the 2023 peak of 0.2700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 6,481 BGN

2023 Average 6,394 BGN

Yearly Trough Low 6,127 BGN

Transaction Impact: A difference of 354.19 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2573

0.2475

JanuMarcMayJulySeptNove

CNY 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 0.2520, compared to 0.2518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2520

H2 Avg (Jul–Dec) 0.2518

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0094 BGN (High: 0.2583 / Low: 0.2488). On the other end, September was the most stable month, with a tight range of 0.0023 BGN (High: 0.2500 / Low: 0.2478).

April Spread (Volatile) ±0.0094

September Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0035 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.2554) against the same month in 2023 (average: 0.2510), the exchange rate shifted by +0.0045 (+1.79%).

2024 Avg (November) 0.2554

2023 Avg (November) 0.2510

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2545	0.2486	0.2522
February	0.2558	0.2503	0.2532
March	0.2522	0.2483	0.2500
April	0.2583	0.2488	0.2523
May	0.2567	0.2488	0.2524
June	0.2569	0.2479	0.2518
July	0.2514	0.2465	0.2484
August	0.2512	0.2451	0.2483
September	0.2500	0.2478	0.2489
October	0.2547	0.2513	0.2532
November	0.2592	0.2520	0.2554
December	0.2586	0.2544	0.2565