2024 BTN to BGN Historical Review

YEARLY HIGH

0.0222 BGN

YEARLY LOW

0.0208 BGN

YEARLY AVERAGE

0.0216 BGN

2024 BTN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0222. Conversely, the yearly low was recorded on August 24, dropping to 0.0208.

This high-to-low spread represents a total annual volatility of 0.0014 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0216 to the December average rate of 0.0220, the exchange rate registered a net change of 1.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0222 was down 2.13% compared to the 2023 peak of 0.0227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 111 BGN

2023 Average 110 BGN

Yearly Trough Low 104 BGN

Transaction Impact: A difference of 7.09 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0221

0.0209

JanuMarcMayJulySeptNove

BTN 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 0.0217, compared to 0.0215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0217

H2 Avg (Jul–Dec) 0.0215

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0010 BGN (High: 0.0222 / Low: 0.0213). On the other end, March was the most stable month, with a tight range of 0.0003 BGN (High: 0.0218 / Low: 0.0216).

November Spread (Volatile) ±0.0010

March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0218) against the same month in 2023 (average: 0.0217), the exchange rate shifted by +0.0001 (+0.41%).

2024 Avg (November) 0.0218

2023 Avg (November) 0.0217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0218	0.0212	0.0216
February	0.0220	0.0217	0.0218
March	0.0218	0.0216	0.0217
April	0.0221	0.0216	0.0219
May	0.0218	0.0216	0.0217
June	0.0219	0.0215	0.0218
July	0.0218	0.0214	0.0216
August	0.0217	0.0208	0.0212
September	0.0212	0.0209	0.0210
October	0.0216	0.0211	0.0213
November	0.0222	0.0213	0.0218
December	0.0222	0.0218	0.0220

૨૦૨૫ BTN થી BGN ઐતિહાસિક સમીક્ષા