2019 NZD to BGN Historical Review

YEARLY HIGH

1.1981 BGN

YEARLY LOW

1.1103 BGN

YEARLY AVERAGE

1.1516 BGN

2019 NZD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NZD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 1.1981. Conversely, the yearly low was recorded on October 16, dropping to 1.1103.

This high-to-low spread represents a total annual volatility of 0.0878 BGN. From a start-to-finish perspective, comparing the January average rate of 1.1617 to the December average rate of 1.1619, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1981 was up 0.23% compared to the 2018 peak of 1.1954, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,991 BGN

2018 Average 5,731 BGN

Yearly Trough Low 5,552 BGN

Transaction Impact: A difference of 439.07 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1892

1.1153

JanuMarcMayJulySeptNove

NZD 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 1.1639, compared to 1.1394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0245 points.

H1 Avg (Jan–Jun) 1.1639

H2 Avg (Jul–Dec) 1.1394

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0451 BGN (High: 1.1567 / Low: 1.1116). On the other end, November was the most stable month, with a tight range of 0.0176 BGN (High: 1.1405 / Low: 1.1229).

August Spread (Volatile) ±0.0451

November Spread (Stable) ±0.0176

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0334 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 1.1831) against the same month in 2018 (average: 1.1503), the exchange rate shifted by +0.0327 (+2.85%).

2019 Avg (March) 1.1831

2018 Avg (March) 1.1503

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1826	1.1406	1.1617
February	1.1897	1.1621	1.1777
March	1.1981	1.1701	1.1831
April	1.1835	1.1566	1.1695
May	1.1615	1.1387	1.1473
June	1.1573	1.1313	1.1438
July	1.1795	1.1530	1.1645
August	1.1567	1.1116	1.1310
September	1.1399	1.1112	1.1257
October	1.1282	1.1103	1.1214
November	1.1405	1.1229	1.1317
December	1.1775	1.1417	1.1619