YEARLY HIGH
0.0050 BGN
YEARLY LOW
0.0047 BGN
YEARLY AVERAGE
0.0049 BGN

2019 MRO to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MRO to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0050. Conversely, the yearly low was recorded on January 9, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0003 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0049, the exchange rate registered a net change of 2.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0050 was down 38.57% compared to the 2018 peak of 0.0082, 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 25 BGN
2018 Average 23 BGN
Yearly Trough Low 24 BGN
Transaction Impact: A difference of 1.41 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0050
0.0048
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 0.0049, compared to 0.0049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0049
H2 Avg (Jul–Dec) 0.0049

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0001 BGN (High: 0.0050 / Low: 0.0049). On the other end, May was the most stable month, with a tight range of 0.0000 BGN (High: 0.0049 / Low: 0.0049).

October Spread (Volatile) ±0.0001
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.0050) against the same month in 2018 (average: 0.0047), the exchange rate shifted by +0.0003 (+5.84%).

2019 Avg (September) 0.0050
2018 Avg (September) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

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