2023 KGS to BGN Historical Review

YEARLY HIGH

0.0221 BGN

YEARLY LOW

0.0198 BGN

YEARLY AVERAGE

0.0206 BGN

2023 KGS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0221. Conversely, the yearly low was recorded on December 27, dropping to 0.0198.

This high-to-low spread represents a total annual volatility of 0.0023 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0212 to the December average rate of 0.0201, the exchange rate registered a net change of -5.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0221 was down 12.48% compared to the 2022 peak of 0.0253, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 111 BGN

2022 Average 111 BGN

Yearly Trough Low 99 BGN

Transaction Impact: A difference of 11.60 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0213

0.0200

JanuMarcMayJulySeptNove

KGS 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 0.0208, compared to 0.0204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0208

H2 Avg (Jul–Dec) 0.0204

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0013 BGN (High: 0.0221 / Low: 0.0208). On the other end, August was the most stable month, with a tight range of 0.0003 BGN (High: 0.0205 / Low: 0.0202).

January Spread (Volatile) ±0.0013

August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0212) against the same month in 2022 (average: 0.0204), the exchange rate shifted by +0.0008 (+4.02%).

2023 Avg (January) 0.0212

2022 Avg (January) 0.0204

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0221	0.0208	0.0212
February	0.0212	0.0208	0.0210
March	0.0212	0.0205	0.0209
April	0.0206	0.0202	0.0204
May	0.0209	0.0202	0.0206
June	0.0209	0.0204	0.0206
July	0.0206	0.0198	0.0202
August	0.0205	0.0202	0.0204
September	0.0210	0.0205	0.0207
October	0.0211	0.0205	0.0208
November	0.0207	0.0200	0.0203
December	0.0204	0.0198	0.0201