2024 NAD to BGN Historical Review

YEARLY HIGH

0.1058 BGN

YEARLY LOW

0.0932 BGN

YEARLY AVERAGE

0.0987 BGN

2024 NAD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.1058. Conversely, the yearly low was recorded on February 26, dropping to 0.0932.

This high-to-low spread represents a total annual volatility of 0.0126 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0954 to the December average rate of 0.1025, the exchange rate registered a net change of 7.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1058 was down 3.87% compared to the 2023 peak of 0.1100, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 529 BGN

2023 Average 489 BGN

Yearly Trough Low 466 BGN

Transaction Impact: A difference of 62.84 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1034

0.0947

JanuMarcMayJulySeptNove

NAD 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 0.0967, compared to 0.1007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0967

H2 Avg (Jul–Dec) 0.1007

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0075 BGN (High: 0.1023 / Low: 0.0948). On the other end, May was the most stable month, with a tight range of 0.0019 BGN (High: 0.0996 / Low: 0.0977).

June Spread (Volatile) ±0.0075

May Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1025) against the same month in 2023 (average: 0.0959), the exchange rate shifted by +0.0066 (+6.89%).

2024 Avg (December) 0.1025

2023 Avg (December) 0.0959

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0970	0.0937	0.0954
February	0.0974	0.0932	0.0955
March	0.0966	0.0944	0.0954
April	0.0984	0.0952	0.0966
May	0.0996	0.0977	0.0984
June	0.1023	0.0948	0.0987
July	0.1004	0.0976	0.0988
August	0.1003	0.0961	0.0984
September	0.1021	0.0985	0.1000
October	0.1032	0.1013	0.1021
November	0.1039	0.1015	0.1027
December	0.1058	0.0999	0.1025