YEARLY HIGH
0.4250 BGN
YEARLY LOW
0.4008 BGN
YEARLY AVERAGE
0.4106 BGN

2018 MYR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MYR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.4250. Conversely, the yearly low was recorded on February 1, dropping to 0.4008.

This high-to-low spread represents a total annual volatility of 0.0242 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4054 to the December average rate of 0.4121, the exchange rate registered a net change of 1.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4250 was up 1.54% compared to the 2017 peak of 0.4185, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 8,499 BGN
2017 Average 8,064 BGN
Yearly Trough Low 8,016 BGN
Transaction Impact: A difference of 483.77 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4204
0.4033
JanuMarcMayJulySeptNove

MYR 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 0.4103, compared to 0.4110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.4103
H2 Avg (Jul–Dec) 0.4110

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0176 BGN (High: 0.4250 / Low: 0.4074). On the other end, July was the most stable month, with a tight range of 0.0059 BGN (High: 0.4162 / Low: 0.4104).

May Spread (Volatile) ±0.0176
July Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 0.0085 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.4165) against the same month in 2017 (average: 0.4096), the exchange rate shifted by +0.0069 (+1.68%).

2018 Avg (May) 0.4165
2017 Avg (May) 0.4096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4091 0.4012 0.4054
February 0.4095 0.4008 0.4047
March 0.4117 0.4035 0.4063
April 0.4134 0.4061 0.4099
May 0.4250 0.4074 0.4165
June 0.4227 0.4153 0.4189
July 0.4162 0.4104 0.4133
August 0.4205 0.4046 0.4141
September 0.4094 0.4019 0.4056
October 0.4131 0.4058 0.4094
November 0.4164 0.4075 0.4115
December 0.4154 0.4072 0.4121