2022 MXN to BGN Historical Review

YEARLY HIGH

0.1020 BGN

YEARLY LOW

0.0827 BGN

YEARLY AVERAGE

0.0925 BGN

2022 MXN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.1020. Conversely, the yearly low was recorded on February 5, dropping to 0.0827.

This high-to-low spread represents a total annual volatility of 0.0193 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0843 to the December average rate of 0.0944, the exchange rate registered a net change of 11.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1020 was up 20.84% compared to the 2021 peak of 0.0844, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 5,101 BGN

2021 Average 4,078 BGN

Yearly Trough Low 4,135 BGN

Transaction Impact: A difference of 965.73 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1010

0.0827

JanuMarcMayJulySeptNove

MXN 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 0.0884, compared to 0.0967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.0884

H2 Avg (Jul–Dec) 0.0967

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0061 BGN (High: 0.0985 / Low: 0.0924). On the other end, January was the most stable month, with a tight range of 0.0009 BGN (High: 0.0848 / Low: 0.0839).

August Spread (Volatile) ±0.0061

January Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0040 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0984) against the same month in 2021 (average: 0.0821), the exchange rate shifted by +0.0163 (+19.80%).

2022 Avg (November) 0.0984

2021 Avg (November) 0.0821

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0848	0.0839	0.0843
February	0.0854	0.0827	0.0842
March	0.0889	0.0840	0.0865
April	0.0912	0.0890	0.0901
May	0.0936	0.0908	0.0925
June	0.0936	0.0909	0.0926
July	0.0946	0.0926	0.0936
August	0.0985	0.0924	0.0960
September	0.1002	0.0973	0.0984
October	0.1010	0.0972	0.0995
November	0.1020	0.0966	0.0984
December	0.0971	0.0931	0.0944