YEARLY HIGH
0.1169 BGN
YEARLY LOW
0.1012 BGN
YEARLY AVERAGE
0.1086 BGN

2020 EGP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.1169. Conversely, the yearly low was recorded on December 30, dropping to 0.1012.

This high-to-low spread represents a total annual volatility of 0.0156 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1108 to the December average rate of 0.1024, the exchange rate registered a net change of -7.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1169 was up 6.00% compared to the 2019 peak of 0.1102, 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 584 BGN
2019 Average 520 BGN
Yearly Trough Low 506 BGN
Transaction Impact: A difference of 78.22 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1154
0.1012
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 0.1122, compared to 0.1049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.1122
H2 Avg (Jul–Dec) 0.1049

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0075 BGN (High: 0.1169 / Low: 0.1094). On the other end, August was the most stable month, with a tight range of 0.0016 BGN (High: 0.1044 / Low: 0.1027).

March Spread (Volatile) ±0.0075
August Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0062 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1128) against the same month in 2019 (average: 0.0996), the exchange rate shifted by +0.0132 (+13.24%).

2020 Avg (March) 0.1128
2019 Avg (March) 0.0996

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1124 0.1087 0.1108
February 0.1165 0.1116 0.1142
March 0.1169 0.1094 0.1128
April 0.1151 0.1128 0.1141
May 0.1160 0.1113 0.1138
June 0.1102 0.1062 0.1075
July 0.1084 0.1034 0.1067
August 0.1044 0.1027 0.1037
September 0.1067 0.1035 0.1052
October 0.1071 0.1048 0.1058
November 0.1069 0.1046 0.1055
December 0.1034 0.1012 0.1024