YEARLY HIGH
0.0059 BGN
YEARLY LOW
0.0053 BGN
YEARLY AVERAGE
0.0056 BGN

2020 HUF to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0059. Conversely, the yearly low was recorded on October 28, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0006 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0059 to the December average rate of 0.0055, the exchange rate registered a net change of -6.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0059 was down 4.88% compared to the 2019 peak of 0.0062, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 5,942 BGN
2019 Average 6,015 BGN
Yearly Trough Low 5,308 BGN
Transaction Impact: A difference of 633.71 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0059
0.0053
JanuMarcMayJulySeptNove

HUF 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 0.0057, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0057
H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0005 BGN (High: 0.0059 / Low: 0.0054). On the other end, February was the most stable month, with a tight range of 0.0001 BGN (High: 0.0058 / Low: 0.0058).

March Spread (Volatile) ±0.0005
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0059) against the same month in 2019 (average: 0.0061), the exchange rate shifted by -0.0003 (-4.35%).

2020 Avg (January) 0.0059
2019 Avg (January) 0.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0059 0.0058 0.0059
February 0.0058 0.0058 0.0058
March 0.0059 0.0054 0.0057
April 0.0056 0.0053 0.0055
May 0.0056 0.0055 0.0056
June 0.0057 0.0055 0.0056
July 0.0057 0.0055 0.0056
August 0.0057 0.0055 0.0056
September 0.0055 0.0053 0.0054
October 0.0055 0.0053 0.0054
November 0.0055 0.0053 0.0054
December 0.0055 0.0054 0.0055