2020 PEN to BGN Historical Review

YEARLY HIGH

0.5382 BGN

YEARLY LOW

0.4398 BGN

YEARLY AVERAGE

0.4919 BGN

2020 PEN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 0.5382. Conversely, the yearly low was recorded on December 30, dropping to 0.4398.

This high-to-low spread represents a total annual volatility of 0.0984 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5297 to the December average rate of 0.4463, the exchange rate registered a net change of -15.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5382 was up 0.38% compared to the 2019 peak of 0.5362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,691 BGN

2019 Average 2,619 BGN

Yearly Trough Low 2,199 BGN

Transaction Impact: A difference of 492.05 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5381

0.4380

JanuMarcMayJulySeptNove

PEN 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 0.5199, compared to 0.4638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0561 points.

H1 Avg (Jan–Jun) 0.5199

H2 Avg (Jul–Dec) 0.4638

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0302 BGN (High: 0.5223 / Low: 0.4921). On the other end, October was the most stable month, with a tight range of 0.0078 BGN (High: 0.4659 / Low: 0.4581).

March Spread (Volatile) ±0.0302

October Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0245 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.5292) against the same month in 2019 (average: 0.5274), the exchange rate shifted by +0.0018 (+0.34%).

2020 Avg (April) 0.5292

2019 Avg (April) 0.5274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5340	0.5216	0.5297
February	0.5356	0.5131	0.5283
March	0.5223	0.4921	0.5074
April	0.5382	0.5181	0.5292
May	0.5329	0.5128	0.5248
June	0.5134	0.4918	0.5002
July	0.4942	0.4682	0.4855
August	0.4708	0.4586	0.4644
September	0.4713	0.4617	0.4669
October	0.4659	0.4581	0.4622
November	0.4652	0.4501	0.4577
December	0.4499	0.4398	0.4463