2019 JOD to BGN Historical Review

YEARLY HIGH

2.5302 BGN

YEARLY LOW

2.3871 BGN

YEARLY AVERAGE

2.4644 BGN

2019 JOD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.5302. Conversely, the yearly low was recorded on January 9, dropping to 2.3871.

This high-to-low spread represents a total annual volatility of 0.1431 BGN. From a start-to-finish perspective, comparing the January average rate of 2.4140 to the December average rate of 2.4824, the exchange rate registered a net change of 2.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.5302 was up 3.04% compared to the 2018 peak of 2.4554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,651 BGN

2018 Average 11,681 BGN

Yearly Trough Low 11,936 BGN

Transaction Impact: A difference of 715.29 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.5149

2.4048

JanuMarcMayJulySeptNove

JOD 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 2.4420, compared to 2.4868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0448 points.

H1 Avg (Jan–Jun) 2.4420

H2 Avg (Jul–Dec) 2.4868

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0540 BGN (High: 2.5268 / Low: 2.4728). On the other end, May was the most stable month, with a tight range of 0.0242 BGN (High: 2.4789 / Low: 2.4547).

October Spread (Volatile) ±0.0540

May Spread (Stable) ±0.0242

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0219 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 2.5058) against the same month in 2018 (average: 2.3653), the exchange rate shifted by +0.1404 (+5.94%).

2019 Avg (September) 2.5058

2018 Avg (September) 2.3653

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4388	2.3871	2.4140
February	2.4463	2.4092	2.4292
March	2.4638	2.4149	2.4414
April	2.4749	2.4396	2.4578
May	2.4789	2.4547	2.4656
June	2.4700	2.4200	2.4437
July	2.4922	2.4411	2.4601
August	2.5116	2.4596	2.4810
September	2.5302	2.4903	2.5058
October	2.5268	2.4728	2.4957
November	2.5068	2.4710	2.4958
December	2.5019	2.4592	2.4824