2022 GMD to BGN Historical Review

YEARLY HIGH

0.0369 BGN

YEARLY LOW

0.0295 BGN

YEARLY AVERAGE

0.0336 BGN

2022 GMD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GMD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.0369. Conversely, the yearly low was recorded on December 14, dropping to 0.0295.

This high-to-low spread represents a total annual volatility of 0.0074 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0327 to the December average rate of 0.0298, the exchange rate registered a net change of -9.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0369 was up 10.52% compared to the 2021 peak of 0.0333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 184 BGN

2021 Average 161 BGN

Yearly Trough Low 147 BGN

Transaction Impact: A difference of 36.87 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0366

0.0292

JanuMarcMayJulySeptNove

GMD 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 0.0334, compared to 0.0339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0334

H2 Avg (Jul–Dec) 0.0339

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0039 BGN (High: 0.0343 / Low: 0.0303). On the other end, February was the most stable month, with a tight range of 0.0007 BGN (High: 0.0329 / Low: 0.0322).

November Spread (Volatile) ±0.0039

February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0038 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0360) against the same month in 2021 (average: 0.0323), the exchange rate shifted by +0.0037 (+11.48%).

2022 Avg (September) 0.0360

2021 Avg (September) 0.0323

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0334	0.0322	0.0327
February	0.0329	0.0322	0.0324
March	0.0338	0.0325	0.0332
April	0.0346	0.0328	0.0335
May	0.0352	0.0335	0.0343
June	0.0347	0.0336	0.0342
July	0.0361	0.0347	0.0355
August	0.0362	0.0349	0.0356
September	0.0369	0.0354	0.0360
October	0.0362	0.0334	0.0351
November	0.0343	0.0303	0.0313
December	0.0302	0.0295	0.0298