2022 MYR to BGN Historical Review

YEARLY HIGH

0.4425 BGN

YEARLY LOW

0.4063 BGN

YEARLY AVERAGE

0.4227 BGN

2022 MYR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MYR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.4425. Conversely, the yearly low was recorded on November 13, dropping to 0.4063.

This high-to-low spread represents a total annual volatility of 0.0362 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4125 to the December average rate of 0.4189, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4425 was up 6.42% compared to the 2021 peak of 0.4158, 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 8,851 BGN

2021 Average 7,983 BGN

Yearly Trough Low 8,126 BGN

Transaction Impact: A difference of 724.84 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4371

0.4093

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 0.4190, compared to 0.4263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.4190

H2 Avg (Jul–Dec) 0.4263

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0231 BGN (High: 0.4334 / Low: 0.4104). On the other end, February was the most stable month, with a tight range of 0.0071 BGN (High: 0.4158 / Low: 0.4087).

October Spread (Volatile) ±0.0231

February Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0109 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.4348) against the same month in 2021 (average: 0.3986), the exchange rate shifted by +0.0362 (+9.08%).

2022 Avg (September) 0.4348

2021 Avg (September) 0.3986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4188	0.4084	0.4125
February	0.4158	0.4087	0.4116
March	0.4313	0.4168	0.4233
April	0.4270	0.4187	0.4238
May	0.4293	0.4143	0.4223
June	0.4254	0.4146	0.4207
July	0.4401	0.4256	0.4324
August	0.4392	0.4260	0.4330
September	0.4425	0.4286	0.4348
October	0.4334	0.4104	0.4238
November	0.4230	0.4063	0.4151
December	0.4268	0.4144	0.4189