YEARLY HIGH
0.0013 BGN
YEARLY LOW
0.0011 BGN
YEARLY AVERAGE
0.0012 BGN

2022 LBP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LBP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.0013. Conversely, the yearly low was recorded on February 7, dropping to 0.0011.

This high-to-low spread represents a total annual volatility of 0.0002 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0012, the exchange rate registered a net change of 6.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0013 was up 15.96% compared to the 2021 peak of 0.0012, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7 BGN
2021 Average 5 BGN
Yearly Trough Low 6 BGN
Transaction Impact: A difference of 1.05 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0013
0.0011
JanuMarcMayJulySeptNove

LBP 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 0.0012, compared to 0.0013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0012
H2 Avg (Jul–Dec) 0.0013

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0001 BGN (High: 0.0013 / Low: 0.0012). On the other end, February was the most stable month, with a tight range of 0.0000 BGN (High: 0.0012 / Low: 0.0011).

November Spread (Volatile) ±0.0001
February Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0013) against the same month in 2021 (average: 0.0011), the exchange rate shifted by +0.0002 (+19.39%).

2022 Avg (September) 0.0013
2021 Avg (September) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0012 0.0011 0.0011
February 0.0012 0.0011 0.0011
March 0.0012 0.0012 0.0012
April 0.0012 0.0012 0.0012
May 0.0012 0.0012 0.0012
June 0.0012 0.0012 0.0012
July 0.0013 0.0012 0.0013
August 0.0013 0.0012 0.0013
September 0.0013 0.0013 0.0013
October 0.0013 0.0013 0.0013
November 0.0013 0.0012 0.0013
December 0.0012 0.0012 0.0012