YEARLY HIGH
0.0883 BGN
YEARLY LOW
0.0408 BGN
YEARLY AVERAGE
0.0629 BGN

2018 ARS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ARS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0883. Conversely, the yearly low was recorded on September 30, dropping to 0.0408.

This high-to-low spread represents a total annual volatility of 0.0474 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0844 to the December average rate of 0.0455, the exchange rate registered a net change of -46.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0883 was down 27.63% compared to the 2017 peak of 0.1219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 441 BGN
2017 Average 526 BGN
Yearly Trough Low 204 BGN
Transaction Impact: A difference of 237.15 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0885
0.0395
JanuMarcMayJulySeptNove

ARS 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 0.0758, compared to 0.0500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0258 points.

H1 Avg (Jan–Jun) 0.0758
H2 Avg (Jul–Dec) 0.0500

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0188 BGN (High: 0.0620 / Low: 0.0433). On the other end, April was the most stable month, with a tight range of 0.0012 BGN (High: 0.0794 / Low: 0.0782).

August Spread (Volatile) ±0.0188
April Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0136 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0844) against the same month in 2017 (average: 0.1158), the exchange rate shifted by -0.0314 (-27.11%).

2018 Avg (January) 0.0844
2017 Avg (January) 0.1158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0883 0.0802 0.0844
February 0.0812 0.0787 0.0799
March 0.0792 0.0773 0.0785
April 0.0794 0.0782 0.0787
May 0.0788 0.0655 0.0704
June 0.0672 0.0580 0.0630
July 0.0617 0.0578 0.0606
August 0.0620 0.0433 0.0572
September 0.0457 0.0408 0.0436
October 0.0482 0.0428 0.0460
November 0.0490 0.0442 0.0474
December 0.0472 0.0447 0.0455