2024 FJD to BGN Historical Review

YEARLY HIGH

0.8250 BGN

YEARLY LOW

0.7870 BGN

YEARLY AVERAGE

0.8036 BGN

2024 FJD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.8250. Conversely, the yearly low was recorded on September 16, dropping to 0.7870.

This high-to-low spread represents a total annual volatility of 0.0380 BGN. From a start-to-finish perspective, comparing the January average rate of 0.8028 to the December average rate of 0.8094, the exchange rate registered a net change of 0.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8250 was down 1.88% compared to the 2023 peak of 0.8408, 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 4,125 BGN

2023 Average 4,055 BGN

Yearly Trough Low 3,935 BGN

Transaction Impact: A difference of 190.24 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8138

0.7937

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 0.8037, compared to 0.8035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.8037

H2 Avg (Jul–Dec) 0.8035

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0351 BGN (High: 0.8250 / Low: 0.7900). On the other end, March was the most stable month, with a tight range of 0.0133 BGN (High: 0.8040 / Low: 0.7908).

November Spread (Volatile) ±0.0351

March Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0078 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.8121) against the same month in 2023 (average: 0.8002), the exchange rate shifted by +0.0119 (+1.48%).

2024 Avg (November) 0.8121

2023 Avg (November) 0.8002

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8090	0.7928	0.8028
February	0.8099	0.7940	0.8057
March	0.8040	0.7908	0.7991
April	0.8104	0.7968	0.8047
May	0.8102	0.7947	0.8018
June	0.8167	0.7947	0.8084
July	0.8121	0.7968	0.8032
August	0.8021	0.7883	0.7954
September	0.8038	0.7870	0.7974
October	0.8112	0.7907	0.8036
November	0.8250	0.7900	0.8121
December	0.8201	0.8021	0.8094