YEARLY HIGH
0.0051 BGN
YEARLY LOW
0.0045 BGN
YEARLY AVERAGE
0.0048 BGN

2020 MRO to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0051. Conversely, the yearly low was recorded on December 30, dropping to 0.0045.

This high-to-low spread represents a total annual volatility of 0.0007 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0049 to the December average rate of 0.0045, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0051 was up 2.14% compared to the 2019 peak of 0.0050, 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 26 BGN
2019 Average 24 BGN
Yearly Trough Low 22 BGN
Transaction Impact: A difference of 3.37 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0051
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 0.0050, compared to 0.0046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0050
H2 Avg (Jul–Dec) 0.0046

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0003 BGN (High: 0.0051 / Low: 0.0048). On the other end, December was the most stable month, with a tight range of 0.0001 BGN (High: 0.0045 / Low: 0.0045).

March Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0050) against the same month in 2019 (average: 0.0048), the exchange rate shifted by +0.0001 (+2.23%).

2020 Avg (March) 0.0050
2019 Avg (March) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0050 0.0049 0.0049
February 0.0051 0.0049 0.0050
March 0.0051 0.0048 0.0050
April 0.0051 0.0050 0.0050
May 0.0051 0.0049 0.0050
June 0.0049 0.0048 0.0049
July 0.0049 0.0046 0.0048
August 0.0047 0.0046 0.0046
September 0.0047 0.0046 0.0047
October 0.0047 0.0046 0.0047
November 0.0047 0.0046 0.0046
December 0.0045 0.0045 0.0045