YEARLY HIGH
0.8220 BGN
YEARLY LOW
0.7726 BGN
YEARLY AVERAGE
0.7958 BGN

2018 FJD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.8220. Conversely, the yearly low was recorded on March 27, dropping to 0.7726.

This high-to-low spread represents a total annual volatility of 0.0494 BGN. From a start-to-finish perspective, comparing the January average rate of 0.7934 to the December average rate of 0.8099, the exchange rate registered a net change of 2.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8220 was down 9.42% compared to the 2017 peak of 0.9075, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,110 BGN
2017 Average 4,210 BGN
Yearly Trough Low 3,863 BGN
Transaction Impact: A difference of 247.18 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8160
0.7777
JanuMarcMayJulySeptNove

FJD 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 0.7902, compared to 0.8013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.7902
H2 Avg (Jul–Dec) 0.8013

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0320 BGN (High: 0.8123 / Low: 0.7803). On the other end, April was the most stable month, with a tight range of 0.0105 BGN (High: 0.7866 / Low: 0.7761).

May Spread (Volatile) ±0.0320
April Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between April and June, 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 August and September, when the average rate fell by 0.0131 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.8099) against the same month in 2017 (average: 0.7997), the exchange rate shifted by +0.0102 (+1.28%).

2018 Avg (December) 0.8099
2017 Avg (December) 0.7997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8010 0.7836 0.7934
February 0.7920 0.7772 0.7846
March 0.7893 0.7726 0.7813
April 0.7866 0.7761 0.7809
May 0.8123 0.7803 0.7953
June 0.8143 0.7955 0.8059
July 0.8039 0.7894 0.7976
August 0.8134 0.7937 0.8033
September 0.7985 0.7820 0.7901
October 0.8056 0.7830 0.7939
November 0.8204 0.7945 0.8129
December 0.8220 0.7965 0.8099