YEARLY HIGH
0.1102 BGN
YEARLY LOW
0.0946 BGN
YEARLY AVERAGE
0.1040 BGN

2019 EGP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the EGP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.1102. Conversely, the yearly low was recorded on January 9, dropping to 0.0946.

This high-to-low spread represents a total annual volatility of 0.0157 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0958 to the December average rate of 0.1094, the exchange rate registered a net change of 14.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1102 was up 13.36% compared to the 2018 peak of 0.0973, 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 551 BGN
2018 Average 465 BGN
Yearly Trough Low 473 BGN
Transaction Impact: A difference of 78.37 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1111
0.0944
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 0.1001, compared to 0.1079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.1001
H2 Avg (Jul–Dec) 0.1079

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0035 BGN (High: 0.1102 / Low: 0.1067). On the other end, December was the most stable month, with a tight range of 0.0015 BGN (High: 0.1101 / Low: 0.1086).

September Spread (Volatile) ±0.0035
December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.1097) against the same month in 2018 (average: 0.0962), the exchange rate shifted by +0.0135 (+14.09%).

2019 Avg (November) 0.1097
2018 Avg (November) 0.0962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0971 0.0946 0.0958
February 0.0988 0.0967 0.0981
March 0.1006 0.0983 0.0996
April 0.1023 0.0998 0.1010
May 0.1048 0.1015 0.1027
June 0.1048 0.1028 0.1036
July 0.1068 0.1037 0.1050
August 0.1079 0.1052 0.1061
September 0.1102 0.1067 0.1084
October 0.1101 0.1077 0.1089
November 0.1102 0.1085 0.1097
December 0.1101 0.1086 0.1094