YEARLY HIGH
0.1128 BGN
YEARLY LOW
0.1014 BGN
YEARLY AVERAGE
0.1073 BGN

2018 MVR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MVR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.1128. Conversely, the yearly low was recorded on February 15, dropping to 0.1014.

This high-to-low spread represents a total annual volatility of 0.0114 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1041 to the December average rate of 0.1112, the exchange rate registered a net change of 6.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1128 was down 8.46% compared to the 2017 peak of 0.1232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 564 BGN
2017 Average 562 BGN
Yearly Trough Low 507 BGN
Transaction Impact: A difference of 56.88 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1122
0.1017
JanuMarcMayJulySeptNove

MVR 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 0.1046, compared to 0.1100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.1046
H2 Avg (Jul–Dec) 0.1100

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0042 BGN (High: 0.1063 / Low: 0.1021). On the other end, December was the most stable month, with a tight range of 0.0015 BGN (High: 0.1120 / Low: 0.1105).

January Spread (Volatile) ±0.0042
December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0015 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.1114) against the same month in 2017 (average: 0.1084), the exchange rate shifted by +0.0029 (+2.71%).

2018 Avg (November) 0.1114
2017 Avg (November) 0.1084

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1063 0.1021 0.1041
February 0.1038 0.1014 0.1026
March 0.1034 0.1016 0.1027
April 0.1048 0.1023 0.1033
May 0.1091 0.1053 0.1067
June 0.1097 0.1068 0.1084
July 0.1091 0.1073 0.1084
August 0.1115 0.1080 0.1098
September 0.1095 0.1078 0.1089
October 0.1119 0.1092 0.1103
November 0.1128 0.1104 0.1114
December 0.1120 0.1105 0.1112