YEARLY HIGH
2.8781 BGN
YEARLY LOW
2.4081 BGN
YEARLY AVERAGE
2.6224 BGN

2022 JOD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 2.8781. Conversely, the yearly low was recorded on January 13, dropping to 2.4081.

This high-to-low spread represents a total annual volatility of 0.4700 BGN. From a start-to-finish perspective, comparing the January average rate of 2.4370 to the December average rate of 2.6058, the exchange rate registered a net change of 6.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.8781 was up 16.88% compared to the 2021 peak of 2.4623, 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 14,390 BGN
2021 Average 11,666 BGN
Yearly Trough Low 12,041 BGN
Transaction Impact: A difference of 2,349.76 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.8419
2.3936
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 2.5239, compared to 2.7210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1970 points.

H1 Avg (Jan–Jun) 2.5239
H2 Avg (Jul–Dec) 2.7210

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1810 BGN (High: 2.8309 / Low: 2.6499). On the other end, February was the most stable month, with a tight range of 0.0523 BGN (High: 2.4633 / Low: 2.4111).

November Spread (Volatile) ±0.1810
February Spread (Stable) ±0.0523

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1060 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.7828) against the same month in 2021 (average: 2.3420), the exchange rate shifted by +0.4408 (+18.82%).

2022 Avg (September) 2.7828
2021 Avg (September) 2.3420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4754 2.4081 2.4370
February 2.4633 2.4111 2.4310
March 2.5409 2.4718 2.5063
April 2.6273 2.4972 2.5500
May 2.6605 2.5581 2.6094
June 2.6495 2.5646 2.6098
July 2.7517 2.6488 2.7072
August 2.7758 2.6708 2.7268
September 2.8781 2.7232 2.7828
October 2.8439 2.7349 2.8046
November 2.8309 2.6499 2.6986
December 2.6393 2.5760 2.6058