YEARLY HIGH
0.0161 BGN
YEARLY LOW
0.0142 BGN
YEARLY AVERAGE
0.0152 BGN

2018 NPR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NPR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0161. Conversely, the yearly low was recorded on October 11, dropping to 0.0142.

This high-to-low spread represents a total annual volatility of 0.0018 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0157 to the December average rate of 0.0152, the exchange rate registered a net change of -3.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0161 was down 10.29% compared to the 2017 peak of 0.0179, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80 BGN
2017 Average 83 BGN
Yearly Trough Low 71 BGN
Transaction Impact: A difference of 9.19 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0159
0.0143
JanuMarcMayJulySeptNove

NPR 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 0.0154, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0154
H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0009 BGN (High: 0.0155 / Low: 0.0146). On the other end, March was the most stable month, with a tight range of 0.0002 BGN (High: 0.0153 / Low: 0.0151).

November Spread (Volatile) ±0.0009
March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0157) against the same month in 2017 (average: 0.0169), the exchange rate shifted by -0.0011 (-6.78%).

2018 Avg (January) 0.0157
2017 Avg (January) 0.0169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0161 0.0155 0.0157
February 0.0155 0.0153 0.0154
March 0.0153 0.0151 0.0152
April 0.0154 0.0150 0.0152
May 0.0156 0.0152 0.0153
June 0.0156 0.0153 0.0154
July 0.0153 0.0151 0.0152
August 0.0156 0.0148 0.0152
September 0.0148 0.0143 0.0146
October 0.0147 0.0142 0.0145
November 0.0155 0.0146 0.0150
December 0.0154 0.0150 0.0152