YEARLY HIGH
2.3688 BGN
YEARLY LOW
2.1707 BGN
YEARLY AVERAGE
2.2946 BGN

2022 GBP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GBP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 2.3688. Conversely, the yearly low was recorded on September 26, dropping to 2.1707.

This high-to-low spread represents a total annual volatility of 0.1981 BGN. From a start-to-finish perspective, comparing the January average rate of 2.3420 to the December average rate of 2.2500, the exchange rate registered a net change of -3.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.3688 was up 1.59% compared to the 2021 peak of 2.3317, 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 11,844 BGN
2021 Average 11,375 BGN
Yearly Trough Low 10,854 BGN
Transaction Impact: A difference of 990.56 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.3528
2.2242
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 2.3227, compared to 2.2665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0562 points.

H1 Avg (Jan–Jun) 2.3227
H2 Avg (Jul–Dec) 2.2665

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.1044 BGN (High: 2.2752 / Low: 2.1707). On the other end, January was the most stable month, with a tight range of 0.0276 BGN (High: 2.3523 / Low: 2.3247).

September Spread (Volatile) ±0.1044
January Spread (Stable) ±0.0276

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 August and September, when the average rate fell by 0.0775 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0775

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2.3394) against the same month in 2021 (average: 2.2784), the exchange rate shifted by +0.0610 (+2.68%).

2022 Avg (March) 2.3394
2021 Avg (March) 2.2784

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3523 2.3247 2.3420
February 2.3515 2.3144 2.3325
March 2.3688 2.3023 2.3394
April 2.3612 2.3134 2.3395
May 2.3311 2.2734 2.3033
June 2.3019 2.2541 2.2794
July 2.3367 2.2749 2.3052
August 2.3376 2.2570 2.3124
September 2.2752 2.1707 2.2349
October 2.2795 2.2107 2.2462
November 2.2763 2.2224 2.2499
December 2.3022 2.2102 2.2500