2019 MAD to BGN Historical Review

YEARLY HIGH

0.1851 BGN

YEARLY LOW

0.1780 BGN

YEARLY AVERAGE

0.1817 BGN

2019 MAD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MAD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.1851. Conversely, the yearly low was recorded on January 1, dropping to 0.1780.

This high-to-low spread represents a total annual volatility of 0.0071 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1797 to the December average rate of 0.1829, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1851 was up 1.81% compared to the 2018 peak of 0.1818, 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 925 BGN

2018 Average 883 BGN

Yearly Trough Low 890 BGN

Transaction Impact: A difference of 35.46 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1839

0.1793

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 0.1804, compared to 0.1830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1804

H2 Avg (Jul–Dec) 0.1830

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0034 BGN (High: 0.1828 / Low: 0.1795). On the other end, May was the most stable month, with a tight range of 0.0014 BGN (High: 0.1813 / Low: 0.1799).

June Spread (Volatile) ±0.0034

May Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between June and September, 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 February and March, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.1834) against the same month in 2018 (average: 0.1788), the exchange rate shifted by +0.0046 (+2.58%).

2019 Avg (August) 0.1834

2018 Avg (August) 0.1788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1805	0.1780	0.1797
February	0.1817	0.1793	0.1806
March	0.1810	0.1791	0.1801
April	0.1820	0.1801	0.1808
May	0.1813	0.1799	0.1807
June	0.1828	0.1795	0.1804
July	0.1831	0.1801	0.1819
August	0.1851	0.1826	0.1834
September	0.1848	0.1823	0.1835
October	0.1844	0.1822	0.1832
November	0.1842	0.1821	0.1833
December	0.1839	0.1818	0.1829