YEARLY HIGH
0.0535 BGN
YEARLY LOW
0.0513 BGN
YEARLY AVERAGE
0.0526 BGN

2019 NIO to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NIO to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.0535. Conversely, the yearly low was recorded on December 28, dropping to 0.0513.

This high-to-low spread represents a total annual volatility of 0.0022 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0527 to the December average rate of 0.0520, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0535 was down 0.94% compared to the 2018 peak of 0.0540, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 267 BGN
2018 Average 262 BGN
Yearly Trough Low 256 BGN
Transaction Impact: A difference of 10.84 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0530
0.0519
JanuMarcMayJulySeptNove

NIO 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 0.0527, compared to 0.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0527
H2 Avg (Jul–Dec) 0.0524

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0017 BGN (High: 0.0535 / Low: 0.0517). On the other end, September was the most stable month, with a tight range of 0.0007 BGN (High: 0.0534 / Low: 0.0526).

October Spread (Volatile) ±0.0017
September Spread (Stable) ±0.0007

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 May and June, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0526) against the same month in 2018 (average: 0.0529), the exchange rate shifted by -0.0004 (-0.71%).

2019 Avg (October) 0.0526
2018 Avg (October) 0.0529

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0532 0.0521 0.0527
February 0.0530 0.0522 0.0527
March 0.0532 0.0521 0.0527
April 0.0534 0.0525 0.0529
May 0.0533 0.0525 0.0529
June 0.0531 0.0515 0.0523
July 0.0529 0.0519 0.0524
August 0.0530 0.0520 0.0525
September 0.0534 0.0526 0.0529
October 0.0535 0.0517 0.0526
November 0.0527 0.0514 0.0523
December 0.0526 0.0513 0.0520