2018 ETB to BGN Historical Review

YEARLY HIGH

0.0624 BGN

YEARLY LOW

0.0567 BGN

YEARLY AVERAGE

0.0599 BGN

2018 ETB to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0624. Conversely, the yearly low was recorded on February 1, dropping to 0.0567.

This high-to-low spread represents a total annual volatility of 0.0057 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0584 to the December average rate of 0.0610, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0624 was down 25.31% compared to the 2017 peak of 0.0836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 312 BGN

2017 Average 364 BGN

Yearly Trough Low 284 BGN

Transaction Impact: A difference of 28.43 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0619

0.0572

JanuMarcMayJulySeptNove

ETB 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 0.0588, compared to 0.0610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0588

H2 Avg (Jul–Dec) 0.0610

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0027 BGN (High: 0.0597 / Low: 0.0571). On the other end, July was the most stable month, with a tight range of 0.0008 BGN (High: 0.0611 / Low: 0.0603).

January Spread (Volatile) ±0.0027

July Spread (Stable) ±0.0008

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 January and February, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0615) against the same month in 2017 (average: 0.0610), the exchange rate shifted by +0.0005 (+0.80%).

2018 Avg (November) 0.0615

2017 Avg (November) 0.0610

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0597	0.0571	0.0584
February	0.0583	0.0567	0.0576
March	0.0582	0.0570	0.0577
April	0.0588	0.0575	0.0580
May	0.0615	0.0592	0.0601
June	0.0613	0.0601	0.0608
July	0.0611	0.0603	0.0607
August	0.0624	0.0604	0.0613
September	0.0615	0.0595	0.0605
October	0.0622	0.0604	0.0611
November	0.0624	0.0610	0.0615
December	0.0617	0.0601	0.0610