2020 MAD to BGN Historical Review

YEARLY HIGH

0.1863 BGN

YEARLY LOW

0.1730 BGN

YEARLY AVERAGE

0.1807 BGN

2020 MAD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.1863. Conversely, the yearly low was recorded on December 14, dropping to 0.1730.

This high-to-low spread represents a total annual volatility of 0.0133 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1833 to the December average rate of 0.1789, the exchange rate registered a net change of -2.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1863 was up 0.69% compared to the 2019 peak of 0.1851, 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 932 BGN

2019 Average 909 BGN

Yearly Trough Low 865 BGN

Transaction Impact: A difference of 66.61 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1859

0.1769

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 0.1817, compared to 0.1797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1817

H2 Avg (Jul–Dec) 0.1797

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0108 BGN (High: 0.1863 / Low: 0.1755). On the other end, November was the most stable month, with a tight range of 0.0019 BGN (High: 0.1820 / Low: 0.1801).

March Spread (Volatile) ±0.0108

November Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between July and November, 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 March and April, when the average rate fell by 0.0052 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1828) against the same month in 2019 (average: 0.1801), the exchange rate shifted by +0.0027 (+1.50%).

2020 Avg (March) 0.1828

2019 Avg (March) 0.1801

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1841	0.1814	0.1833
February	0.1861	0.1835	0.1851
March	0.1863	0.1755	0.1828
April	0.1819	0.1748	0.1776
May	0.1838	0.1795	0.1820
June	0.1810	0.1781	0.1796
July	0.1798	0.1767	0.1787
August	0.1803	0.1774	0.1791
September	0.1812	0.1784	0.1800
October	0.1817	0.1792	0.1805
November	0.1820	0.1801	0.1808
December	0.1799	0.1730	0.1789