2022 GTQ to BGN Historical Review

YEARLY HIGH

0.2601 BGN

YEARLY LOW

0.2214 BGN

YEARLY AVERAGE

0.2399 BGN

2022 GTQ to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GTQ to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.2601. Conversely, the yearly low was recorded on January 13, dropping to 0.2214.

This high-to-low spread represents a total annual volatility of 0.0387 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2243 to the December average rate of 0.2349, the exchange rate registered a net change of 4.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2601 was up 15.31% compared to the 2021 peak of 0.2256, 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 1,300 BGN

2021 Average 1,069 BGN

Yearly Trough Low 1,107 BGN

Transaction Impact: A difference of 193.70 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2561

0.2210

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 0.2325, compared to 0.2473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.2325

H2 Avg (Jul–Dec) 0.2473

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0168 BGN (High: 0.2571 / Low: 0.2403). On the other end, February was the most stable month, with a tight range of 0.0044 BGN (High: 0.2267 / Low: 0.2223).

November Spread (Volatile) ±0.0168

February Spread (Stable) ±0.0044

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 November and December, when the average rate fell by 0.0103 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.2531) against the same month in 2021 (average: 0.2146), the exchange rate shifted by +0.0386 (+17.98%).

2022 Avg (September) 0.2531

2021 Avg (September) 0.2146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2285	0.2214	0.2243
February	0.2267	0.2223	0.2239
March	0.2340	0.2277	0.2306
April	0.2434	0.2300	0.2355
May	0.2460	0.2364	0.2412
June	0.2429	0.2361	0.2393
July	0.2520	0.2423	0.2480
August	0.2544	0.2447	0.2497
September	0.2601	0.2475	0.2531
October	0.2560	0.2483	0.2530
November	0.2571	0.2403	0.2451
December	0.2385	0.2323	0.2349