YEARLY HIGH
0.0973 BGN
YEARLY LOW
0.0886 BGN
YEARLY AVERAGE
0.0931 BGN

2018 EGP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EGP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0973. Conversely, the yearly low was recorded on February 14, dropping to 0.0886.

This high-to-low spread represents a total annual volatility of 0.0087 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0906 to the December average rate of 0.0960, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0973 was down 17.43% compared to the 2017 peak of 0.1178, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 486 BGN
2017 Average 487 BGN
Yearly Trough Low 443 BGN
Transaction Impact: A difference of 43.29 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0968
0.0890
JanuMarcMayJulySeptNove

EGP 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 0.0912, compared to 0.0949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0912
H2 Avg (Jul–Dec) 0.0949

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0037 BGN (High: 0.0926 / Low: 0.0889). On the other end, July was the most stable month, with a tight range of 0.0014 BGN (High: 0.0942 / Low: 0.0928).

January Spread (Volatile) ±0.0037
July Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0962) against the same month in 2017 (average: 0.0943), the exchange rate shifted by +0.0019 (+2.02%).

2018 Avg (November) 0.0962
2017 Avg (November) 0.0943

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0926 0.0889 0.0906
February 0.0908 0.0886 0.0896
March 0.0906 0.0889 0.0900
April 0.0917 0.0891 0.0902
May 0.0945 0.0917 0.0930
June 0.0945 0.0927 0.0938
July 0.0942 0.0928 0.0935
August 0.0963 0.0933 0.0948
September 0.0947 0.0927 0.0939
October 0.0965 0.0941 0.0951
November 0.0973 0.0954 0.0962
December 0.0967 0.0953 0.0960