YEARLY HIGH
0.3858 BGN
YEARLY LOW
0.3657 BGN
YEARLY AVERAGE
0.3760 BGN

2023 LYD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.3858. Conversely, the yearly low was recorded on July 13, dropping to 0.3657.

This high-to-low spread represents a total annual volatility of 0.0200 BGN. From a start-to-finish perspective, comparing the January average rate of 0.3793 to the December average rate of 0.3726, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3858 was down 4.46% compared to the 2022 peak of 0.4038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,929 BGN
2022 Average 1,935 BGN
Yearly Trough Low 1,829 BGN
Transaction Impact: A difference of 100.24 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3824
0.3698
JanuMarcMayJulySeptNove

LYD 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 0.3777, compared to 0.3743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.3777
H2 Avg (Jul–Dec) 0.3743

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0094 BGN (High: 0.3783 / Low: 0.3689). On the other end, April was the most stable month, with a tight range of 0.0059 BGN (High: 0.3766 / Low: 0.3707).

November Spread (Volatile) ±0.0094
April Spread (Stable) ±0.0059

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 0.0057 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3793) against the same month in 2022 (average: 0.3765), the exchange rate shifted by +0.0028 (+0.75%).

2023 Avg (January) 0.3793
2022 Avg (January) 0.3765

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3858 0.3766 0.3793
February 0.3843 0.3768 0.3813
March 0.3845 0.3752 0.3800
April 0.3766 0.3707 0.3743
May 0.3794 0.3708 0.3764
June 0.3785 0.3708 0.3747
July 0.3746 0.3657 0.3709
August 0.3758 0.3697 0.3728
September 0.3809 0.3748 0.3776
October 0.3817 0.3744 0.3785
November 0.3783 0.3689 0.3731
December 0.3759 0.3684 0.3726