2022 NGN to BGN Historical Review

YEARLY HIGH

0.0047 BGN

YEARLY LOW

0.0041 BGN

YEARLY AVERAGE

0.0044 BGN

2022 NGN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0047. Conversely, the yearly low was recorded on December 31, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0006 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0042 to the December average rate of 0.0042, the exchange rate registered a net change of -0.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0047 was up 7.92% compared to the 2021 peak of 0.0044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 4,710 BGN

2021 Average 4,103 BGN

Yearly Trough Low 4,078 BGN

Transaction Impact: A difference of 631.94 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0047

0.0041

JanuMarcMayJulySeptNove

NGN 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 0.0043, compared to 0.0045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0043

H2 Avg (Jul–Dec) 0.0045

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0003 BGN (High: 0.0046 / Low: 0.0042). On the other end, February was the most stable month, with a tight range of 0.0001 BGN (High: 0.0042 / Low: 0.0041).

November Spread (Volatile) ±0.0003

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0046) against the same month in 2021 (average: 0.0040), the exchange rate shifted by +0.0006 (+14.17%).

2022 Avg (September) 0.0046

2021 Avg (September) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0042	0.0041	0.0042
February	0.0042	0.0041	0.0041
March	0.0043	0.0042	0.0043
April	0.0045	0.0042	0.0044
May	0.0045	0.0044	0.0045
June	0.0045	0.0044	0.0044
July	0.0047	0.0045	0.0046
August	0.0046	0.0045	0.0046
September	0.0047	0.0045	0.0046
October	0.0047	0.0045	0.0046
November	0.0046	0.0042	0.0043
December	0.0042	0.0041	0.0042