YEARLY HIGH
0.1165 BGN
YEARLY LOW
0.1096 BGN
YEARLY AVERAGE
0.1131 BGN

2019 MVR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MVR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.1165. Conversely, the yearly low was recorded on January 9, dropping to 0.1096.

This high-to-low spread represents a total annual volatility of 0.0070 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1106 to the December average rate of 0.1140, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1165 was up 3.33% compared to the 2018 peak of 0.1128, 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 583 BGN
2018 Average 537 BGN
Yearly Trough Low 548 BGN
Transaction Impact: A difference of 34.77 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1157
0.1102
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 0.1121, compared to 0.1142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1121
H2 Avg (Jul–Dec) 0.1142

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0028 BGN (High: 0.1163 / Low: 0.1135). On the other end, May was the most stable month, with a tight range of 0.0010 BGN (High: 0.1138 / Low: 0.1129).

October Spread (Volatile) ±0.0028
May Spread (Stable) ±0.0010

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 0.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.1152) against the same month in 2018 (average: 0.1089), the exchange rate shifted by +0.0064 (+5.87%).

2019 Avg (September) 0.1152
2018 Avg (September) 0.1089

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1118 0.1096 0.1106
February 0.1123 0.1102 0.1115
March 0.1131 0.1104 0.1120
April 0.1139 0.1120 0.1129
May 0.1138 0.1129 0.1134
June 0.1130 0.1110 0.1120
July 0.1144 0.1117 0.1129
August 0.1153 0.1125 0.1137
September 0.1165 0.1140 0.1152
October 0.1163 0.1135 0.1147
November 0.1153 0.1133 0.1147
December 0.1152 0.1129 0.1140