YEARLY HIGH
0.0082 BGN
YEARLY LOW
0.0044 BGN
YEARLY AVERAGE
0.0047 BGN

2018 MRO to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.0082. Conversely, the yearly low was recorded on February 1, dropping to 0.0044.

This high-to-low spread represents a total annual volatility of 0.0038 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0045 to the December average rate of 0.0048, the exchange rate registered a net change of 6.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0082 was up 56.10% compared to the 2017 peak of 0.0052, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41 BGN
2017 Average 24 BGN
Yearly Trough Low 22 BGN
Transaction Impact: A difference of 18.92 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0050
0.0044
JanuMarcMayJulySeptNove

MRO 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 0.0045, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0045
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0035 BGN (High: 0.0082 / Low: 0.0047). On the other end, July was the most stable month, with a tight range of 0.0001 BGN (High: 0.0047 / Low: 0.0047).

October Spread (Volatile) ±0.0035
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and June, 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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0050) against the same month in 2017 (average: 0.0046), the exchange rate shifted by +0.0004 (+8.22%).

2018 Avg (October) 0.0050
2017 Avg (October) 0.0046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0046 0.0044 0.0045
February 0.0045 0.0044 0.0045
March 0.0045 0.0044 0.0045
April 0.0045 0.0044 0.0045
May 0.0048 0.0046 0.0046
June 0.0048 0.0047 0.0047
July 0.0047 0.0047 0.0047
August 0.0048 0.0047 0.0048
September 0.0047 0.0046 0.0047
October 0.0082 0.0047 0.0050
November 0.0049 0.0048 0.0048
December 0.0048 0.0048 0.0048