YEARLY HIGH
1.9820 BGN
YEARLY LOW
1.9480 BGN
YEARLY AVERAGE
1.9565 BGN

2020 EUR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 1.9820. Conversely, the yearly low was recorded on August 1, dropping to 1.9480.

This high-to-low spread represents a total annual volatility of 0.0340 BGN. From a start-to-finish perspective, comparing the January average rate of 1.9560 to the December average rate of 1.9562, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9820 was up 0.08% compared to the 2019 peak of 1.9805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,910 BGN
2019 Average 9,783 BGN
Yearly Trough Low 9,740 BGN
Transaction Impact: A difference of 170.04 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9598
1.9549
JanuMarcMayJulySeptNove

EUR 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 1.9569, compared to 1.9561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 1.9569
H2 Avg (Jul–Dec) 1.9561

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0300 BGN (High: 1.9820 / Low: 1.9520). On the other end, January was the most stable month, with a tight range of 0.0052 BGN (High: 1.9590 / Low: 1.9538).

May Spread (Volatile) ±0.0300
January Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between October and December, 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 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 1.9594) against the same month in 2019 (average: 1.9561), the exchange rate shifted by +0.0032 (+0.16%).

2020 Avg (May) 1.9594
2019 Avg (May) 1.9561

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9590 1.9538 1.9560
February 1.9589 1.9527 1.9553
March 1.9722 1.9509 1.9591
April 1.9579 1.9520 1.9558
May 1.9820 1.9520 1.9594
June 1.9599 1.9529 1.9560
July 1.9601 1.9480 1.9559
August 1.9608 1.9480 1.9557
September 1.9624 1.9531 1.9567
October 1.9593 1.9529 1.9555
November 1.9634 1.9524 1.9562
December 1.9598 1.9521 1.9562