YEARLY HIGH
0.0133 BGN
YEARLY LOW
0.0111 BGN
YEARLY AVERAGE
0.0122 BGN

2022 LRD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LRD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0133. Conversely, the yearly low was recorded on February 9, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0021 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0116 to the December average rate of 0.0120, the exchange rate registered a net change of 3.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0133 was up 8.34% compared to the 2021 peak of 0.0123, 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 66 BGN
2021 Average 50 BGN
Yearly Trough Low 56 BGN
Transaction Impact: A difference of 10.73 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0131
0.0110
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 0.0118, compared to 0.0126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0118
H2 Avg (Jul–Dec) 0.0126

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0009 BGN (High: 0.0131 / Low: 0.0122). On the other end, February was the most stable month, with a tight range of 0.0002 BGN (High: 0.0114 / Low: 0.0111).

November Spread (Volatile) ±0.0009
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0128) against the same month in 2021 (average: 0.0097), the exchange rate shifted by +0.0031 (+32.45%).

2022 Avg (September) 0.0128
2021 Avg (September) 0.0097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0119 0.0114 0.0116
February 0.0114 0.0111 0.0112
March 0.0117 0.0114 0.0116
April 0.0123 0.0116 0.0119
May 0.0125 0.0120 0.0122
June 0.0124 0.0120 0.0122
July 0.0128 0.0123 0.0126
August 0.0128 0.0123 0.0126
September 0.0133 0.0125 0.0128
October 0.0131 0.0126 0.0129
November 0.0131 0.0122 0.0124
December 0.0122 0.0118 0.0120