YEARLY HIGH
0.0156 BGN
YEARLY LOW
0.0138 BGN
YEARLY AVERAGE
0.0148 BGN

2022 NPR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NPR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0156. Conversely, the yearly low was recorded on December 31, dropping to 0.0138.

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 0.0145 to the December average rate of 0.0140, the exchange rate registered a net change of -3.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0156 was up 6.51% compared to the 2021 peak of 0.0147, 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 78 BGN
2021 Average 70 BGN
Yearly Trough Low 69 BGN
Transaction Impact: A difference of 9.01 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0155
0.0139
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 0.0147, compared to 0.0149 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) 0.0147
H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0008 BGN (High: 0.0152 / Low: 0.0144). On the other end, January was the most stable month, with a tight range of 0.0002 BGN (High: 0.0146 / Low: 0.0144).

November Spread (Volatile) ±0.0008
January Spread (Stable) ±0.0002

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 November and December, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0154) against the same month in 2021 (average: 0.0141), the exchange rate shifted by +0.0013 (+9.06%).

2022 Avg (September) 0.0154
2021 Avg (September) 0.0141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0146 0.0144 0.0145
February 0.0146 0.0142 0.0144
March 0.0147 0.0144 0.0146
April 0.0152 0.0145 0.0148
May 0.0152 0.0146 0.0150
June 0.0150 0.0146 0.0148
July 0.0153 0.0149 0.0151
August 0.0154 0.0149 0.0152
September 0.0156 0.0152 0.0154
October 0.0153 0.0148 0.0151
November 0.0152 0.0144 0.0146
December 0.0144 0.0138 0.0140