2018 MAD to BGN Historical Review

YEARLY HIGH

0.1818 BGN

YEARLY LOW

0.1715 BGN

YEARLY AVERAGE

0.1765 BGN

2018 MAD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.1818. Conversely, the yearly low was recorded on February 3, dropping to 0.1715.

This high-to-low spread represents a total annual volatility of 0.0103 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1733 to the December average rate of 0.1802, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1818 was down 1.40% compared to the 2017 peak of 0.1844, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 909 BGN

2017 Average 893 BGN

Yearly Trough Low 857 BGN

Transaction Impact: A difference of 51.49 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1818

0.1714

JanuMarcMayJulySeptNove

MAD 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 0.1739, compared to 0.1791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.1739

H2 Avg (Jul–Dec) 0.1791

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0029 BGN (High: 0.1800 / Low: 0.1771). On the other end, July was the most stable month, with a tight range of 0.0010 BGN (High: 0.1774 / Low: 0.1764).

August Spread (Volatile) ±0.0029

July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0010 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.1809) against the same month in 2017 (average: 0.1762), the exchange rate shifted by +0.0048 (+2.71%).

2018 Avg (November) 0.1809

2017 Avg (November) 0.1762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1747	0.1720	0.1733
February	0.1732	0.1715	0.1723
March	0.1734	0.1721	0.1727
April	0.1742	0.1723	0.1730
May	0.1770	0.1746	0.1756
June	0.1770	0.1755	0.1764
July	0.1774	0.1764	0.1769
August	0.1800	0.1771	0.1788
September	0.1791	0.1777	0.1785
October	0.1806	0.1788	0.1795
November	0.1818	0.1801	0.1809
December	0.1815	0.1788	0.1802