2018 GGP to BGN Historical Review

YEARLY HIGH

1.7421 BGN

YEARLY LOW

1.5634 BGN

YEARLY AVERAGE

1.6572 BGN

2018 GGP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GGP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 1.7421. Conversely, the yearly low was recorded on February 1, dropping to 1.5634.

This high-to-low spread represents a total annual volatility of 0.1787 BGN. From a start-to-finish perspective, comparing the January average rate of 1.6034 to the December average rate of 1.7193, the exchange rate registered a net change of 7.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.7421 was down 7.28% compared to the 2017 peak of 1.8790, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,711 BGN

2017 Average 8,670 BGN

Yearly Trough Low 7,817 BGN

Transaction Impact: A difference of 893.49 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.7349

1.5699

JanuMarcMayJulySeptNove

GGP 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 1.6159, compared to 1.6984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0824 points.

H1 Avg (Jan–Jun) 1.6159

H2 Avg (Jul–Dec) 1.6984

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0643 BGN (High: 1.6370 / Low: 1.5727). On the other end, July was the most stable month, with a tight range of 0.0181 BGN (High: 1.6818 / Low: 1.6637).

January Spread (Volatile) ±0.0643

July Spread (Stable) ±0.0181

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0197 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.7211) against the same month in 2017 (average: 1.6654), the exchange rate shifted by +0.0557 (+3.35%).

2018 Avg (November) 1.7211

2017 Avg (November) 1.6654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6370	1.5727	1.6034
February	1.6040	1.5634	1.5837
March	1.5979	1.5704	1.5861
April	1.6191	1.5780	1.5936
May	1.6929	1.6316	1.6539
June	1.6901	1.6560	1.6750
July	1.6818	1.6637	1.6730
August	1.7241	1.6698	1.6953
September	1.6925	1.6617	1.6788
October	1.7285	1.6871	1.7028
November	1.7421	1.7071	1.7211
December	1.7304	1.7071	1.7193