YEARLY HIGH
2.3545 BGN
YEARLY LOW
2.0746 BGN
YEARLY AVERAGE
2.2010 BGN

2020 GBP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GBP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 2.3545. Conversely, the yearly low was recorded on March 18, dropping to 2.0746.

This high-to-low spread represents a total annual volatility of 0.2799 BGN. From a start-to-finish perspective, comparing the January average rate of 2.3034 to the December average rate of 2.1612, the exchange rate registered a net change of -6.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3545 was down 0.20% compared to the 2019 peak of 2.3591, 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 11,772 BGN
2019 Average 11,157 BGN
Yearly Trough Low 10,373 BGN
Transaction Impact: A difference of 1,399.28 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3401
2.1326
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 2.2380, compared to 2.1641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0739 points.

H1 Avg (Jan–Jun) 2.2380
H2 Avg (Jul–Dec) 2.1641

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1920 BGN (High: 2.2666 / Low: 2.0746). On the other end, October was the most stable month, with a tight range of 0.0332 BGN (High: 2.1724 / Low: 2.1392).

March Spread (Volatile) ±0.1920
October Spread (Stable) ±0.0332

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 0.1342 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.3228) against the same month in 2019 (average: 2.2416), the exchange rate shifted by +0.0811 (+3.62%).

2020 Avg (February) 2.3228
2019 Avg (February) 2.2416

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3315 2.2807 2.3034
February 2.3545 2.2724 2.3228
March 2.2666 2.0746 2.1886
April 2.2521 2.2098 2.2338
May 2.2433 2.1741 2.2045
June 2.2064 2.1411 2.1750
July 2.1859 2.1439 2.1623
August 2.1948 2.1588 2.1720
September 2.2049 2.1133 2.1499
October 2.1724 2.1392 2.1567
November 2.2019 2.1615 2.1824
December 2.1875 2.1316 2.1612