YEARLY HIGH
0.0110 BGN
YEARLY LOW
0.0083 BGN
YEARLY AVERAGE
0.0095 BGN

2019 LRD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LRD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0110. Conversely, the yearly low was recorded on November 3, dropping to 0.0083.

This high-to-low spread represents a total annual volatility of 0.0027 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0108 to the December average rate of 0.0093, the exchange rate registered a net change of -13.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0110 was down 15.81% compared to the 2018 peak of 0.0130, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55 BGN
2018 Average 58 BGN
Yearly Trough Low 41 BGN
Transaction Impact: A difference of 13.48 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0110
0.0081
JanuMarcMayJulySeptNove

LRD 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 0.0102, compared to 0.0087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0102
H2 Avg (Jul–Dec) 0.0087

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0011 BGN (High: 0.0103 / Low: 0.0092). On the other end, August was the most stable month, with a tight range of 0.0001 BGN (High: 0.0087 / Low: 0.0086).

May Spread (Volatile) ±0.0011
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, 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 May and June, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0108) against the same month in 2018 (average: 0.0126), the exchange rate shifted by -0.0019 (-14.82%).

2019 Avg (January) 0.0108
2018 Avg (January) 0.0126

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0110 0.0106 0.0108
February 0.0108 0.0106 0.0107
March 0.0108 0.0106 0.0107
April 0.0107 0.0103 0.0105
May 0.0103 0.0092 0.0097
June 0.0092 0.0088 0.0089
July 0.0088 0.0086 0.0087
August 0.0087 0.0086 0.0086
September 0.0086 0.0085 0.0085
October 0.0086 0.0083 0.0084
November 0.0092 0.0083 0.0088
December 0.0094 0.0092 0.0093