YEARLY HIGH
0.2400 BGN
YEARLY LOW
0.2043 BGN
YEARLY AVERAGE
0.2223 BGN

2020 GTQ to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GTQ to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.2400. Conversely, the yearly low was recorded on December 30, dropping to 0.2043.

This high-to-low spread represents a total annual volatility of 0.0358 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2288 to the December average rate of 0.2059, the exchange rate registered a net change of -10.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2400 was up 3.26% compared to the 2019 peak of 0.2325, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,200 BGN
2019 Average 1,135 BGN
Yearly Trough Low 1,021 BGN
Transaction Impact: A difference of 178.93 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2372
0.2031
JanuMarcMayJulySeptNove

GTQ 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 0.2309, compared to 0.2136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.2309
H2 Avg (Jul–Dec) 0.2136

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0168 BGN (High: 0.2400 / Low: 0.2233). On the other end, December was the most stable month, with a tight range of 0.0030 BGN (High: 0.2073 / Low: 0.2043).

March Spread (Volatile) ±0.0168
December Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0072 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2301) against the same month in 2019 (average: 0.2250), the exchange rate shifted by +0.0051 (+2.27%).

2020 Avg (March) 0.2301
2019 Avg (March) 0.2250

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2317 0.2252 0.2288
February 0.2372 0.2301 0.2344
March 0.2400 0.2233 0.2301
April 0.2352 0.2311 0.2335
May 0.2350 0.2291 0.2329
June 0.2284 0.2238 0.2259
July 0.2260 0.2144 0.2218
August 0.2164 0.2124 0.2146
September 0.2165 0.2122 0.2140
October 0.2152 0.2119 0.2136
November 0.2157 0.2092 0.2120
December 0.2073 0.2043 0.2059