YEARLY HIGH
0.1145 BGN
YEARLY LOW
0.0739 BGN
YEARLY AVERAGE
0.0984 BGN

2022 EGP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EGP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.1145. Conversely, the yearly low was recorded on December 31, dropping to 0.0739.

This high-to-low spread represents a total annual volatility of 0.0406 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1099 to the December average rate of 0.0750, the exchange rate registered a net change of -31.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1145 was up 3.10% compared to the 2021 peak of 0.1111, 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 572 BGN
2021 Average 527 BGN
Yearly Trough Low 370 BGN
Transaction Impact: A difference of 202.88 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1134
0.0715
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 0.1040, compared to 0.0928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.1040
H2 Avg (Jul–Dec) 0.0928

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0207 BGN (High: 0.1025 / Low: 0.0818). On the other end, February was the most stable month, with a tight range of 0.0023 BGN (High: 0.1109 / Low: 0.1087).

October Spread (Volatile) ±0.0207
February Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0207 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.1073) against the same month in 2021 (average: 0.1047), the exchange rate shifted by +0.0026 (+2.44%).

2022 Avg (March) 0.1073
2021 Avg (March) 0.1047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1115 0.1088 0.1099
February 0.1109 0.1087 0.1096
March 0.1145 0.0957 0.1073
April 0.1008 0.0968 0.0981
May 0.1030 0.0975 0.1003
June 0.1003 0.0976 0.0988
July 0.1034 0.0996 0.1016
August 0.1027 0.0989 0.1009
September 0.1047 0.0997 0.1018
October 0.1025 0.0818 0.0990
November 0.0828 0.0762 0.0784
December 0.0762 0.0739 0.0750