2023 LSL to BGN Historical Review

YEARLY HIGH

0.1096 BGN

YEARLY LOW

0.0919 BGN

YEARLY AVERAGE

0.0981 BGN

2023 LSL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LSL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1096. Conversely, the yearly low was recorded on June 1, dropping to 0.0919.

This high-to-low spread represents a total annual volatility of 0.0177 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1061 to the December average rate of 0.0959, the exchange rate registered a net change of -9.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1096 was down 11.46% compared to the 2022 peak of 0.1238, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 548 BGN

2022 Average 569 BGN

Yearly Trough Low 459 BGN

Transaction Impact: A difference of 88.49 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1072

0.0934

JanuMarcMayJulySeptNove

LSL 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 0.0996, compared to 0.0966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0996

H2 Avg (Jul–Dec) 0.0966

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0074 BGN (High: 0.1013 / Low: 0.0940). On the other end, October was the most stable month, with a tight range of 0.0033 BGN (High: 0.0985 / Low: 0.0952).

July Spread (Volatile) ±0.0074

October Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between August and November, 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 January and February, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1061) against the same month in 2022 (average: 0.1116), the exchange rate shifted by -0.0056 (-4.98%).

2023 Avg (January) 0.1061

2022 Avg (January) 0.1116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1096	0.1034	0.1061
February	0.1054	0.1001	0.1021
March	0.1013	0.0975	0.1000
April	0.1012	0.0964	0.0983
May	0.0972	0.0923	0.0946
June	0.0984	0.0919	0.0964
July	0.1013	0.0940	0.0971
August	0.0986	0.0921	0.0954
September	0.0985	0.0949	0.0966
October	0.0985	0.0952	0.0972
November	0.1001	0.0933	0.0972
December	0.0982	0.0933	0.0959