YEARLY HIGH
2.2681 BGN
YEARLY LOW
2.1502 BGN
YEARLY AVERAGE
2.2106 BGN

2018 GBP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GBP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 2.2681. Conversely, the yearly low was recorded on August 28, dropping to 2.1502.

This high-to-low spread represents a total annual volatility of 0.1179 BGN. From a start-to-finish perspective, comparing the January average rate of 2.2153 to the December average rate of 2.1781, the exchange rate registered a net change of -1.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.2681 was down 3.07% compared to the 2017 peak of 2.3399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,340 BGN
2017 Average 11,161 BGN
Yearly Trough Low 10,751 BGN
Transaction Impact: A difference of 589.30 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.2468
2.1719
JanuMarcMayJulySeptNove

GBP 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 2.2229, compared to 2.1983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0246 points.

H1 Avg (Jan–Jun) 2.2229
H2 Avg (Jul–Dec) 2.1983

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0608 BGN (High: 2.2554 / Low: 2.1946). On the other end, June was the most stable month, with a tight range of 0.0305 BGN (High: 2.2401 / Low: 2.2096).

November Spread (Volatile) ±0.0608
June Spread (Stable) ±0.0305

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 November and December, when the average rate fell by 0.0421 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 2.2405) against the same month in 2017 (average: 2.3086), the exchange rate shifted by -0.0680 (-2.95%).

2018 Avg (April) 2.2405
2017 Avg (April) 2.3086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2447 2.1962 2.2153
February 2.2304 2.1987 2.2122
March 2.2469 2.1908 2.2158
April 2.2681 2.2206 2.2405
May 2.2438 2.2099 2.2267
June 2.2401 2.2096 2.2267
July 2.2198 2.1873 2.2043
August 2.1991 2.1502 2.1815
September 2.2072 2.1650 2.1891
October 2.2416 2.1901 2.2164
November 2.2554 2.1946 2.2203
December 2.2039 2.1584 2.1781