YEARLY HIGH
1.9776 BGN
YEARLY LOW
1.9360 BGN
YEARLY AVERAGE
1.9560 BGN

2022 EUR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EUR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 1.9776. Conversely, the yearly low was recorded on September 4, dropping to 1.9360.

This high-to-low spread represents a total annual volatility of 0.0415 BGN. From a start-to-finish perspective, comparing the January average rate of 1.9561 to the December average rate of 1.9584, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.9776 was up 0.56% compared to the 2021 peak of 1.9666, 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 9,888 BGN
2021 Average 9,779 BGN
Yearly Trough Low 9,680 BGN
Transaction Impact: A difference of 207.66 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.9587
1.9544
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 1.9556, compared to 1.9565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 1.9556
H2 Avg (Jul–Dec) 1.9565

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0415 BGN (High: 1.9776 / Low: 1.9360). On the other end, January was the most stable month, with a tight range of 0.0061 BGN (High: 1.9595 / Low: 1.9535).

September Spread (Volatile) ±0.0415
January Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 1.9557) against the same month in 2021 (average: 1.9544), the exchange rate shifted by +0.0013 (+0.07%).

2022 Avg (September) 1.9557
2021 Avg (September) 1.9544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9595 1.9535 1.9561
February 1.9590 1.9414 1.9547
March 1.9606 1.9473 1.9557
April 1.9602 1.9468 1.9550
May 1.9607 1.9531 1.9564
June 1.9587 1.9508 1.9555
July 1.9641 1.9515 1.9569
August 1.9605 1.9498 1.9559
September 1.9776 1.9360 1.9557
October 1.9602 1.9534 1.9558
November 1.9659 1.9477 1.9562
December 1.9738 1.9514 1.9584