YEARLY HIGH
0.5202 BGN
YEARLY LOW
0.4851 BGN
YEARLY AVERAGE
0.5041 BGN

2018 PGK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.5202. Conversely, the yearly low was recorded on February 1, dropping to 0.4851.

This high-to-low spread represents a total annual volatility of 0.0352 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4975 to the December average rate of 0.5107, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5202 was down 12.15% compared to the 2017 peak of 0.5922, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,601 BGN
2017 Average 2,719 BGN
Yearly Trough Low 2,425 BGN
Transaction Impact: A difference of 175.86 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5148
0.4888
JanuMarcMayJulySeptNove

PGK 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 0.4985, compared to 0.5097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.4985
H2 Avg (Jul–Dec) 0.5097

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0213 BGN (High: 0.5189 / Low: 0.4976). On the other end, July was the most stable month, with a tight range of 0.0067 BGN (High: 0.5122 / Low: 0.5055).

May Spread (Volatile) ±0.0213
July Spread (Stable) ±0.0067

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 0.0071 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.5123) against the same month in 2017 (average: 0.5202), the exchange rate shifted by -0.0079 (-1.52%).

2018 Avg (August) 0.5123
2017 Avg (August) 0.5202

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5076 0.4891 0.4975
February 0.5020 0.4851 0.4923
March 0.4971 0.4862 0.4920
April 0.4970 0.4861 0.4909
May 0.5189 0.4976 0.5065
June 0.5178 0.5058 0.5119
July 0.5122 0.5055 0.5089
August 0.5202 0.5037 0.5123
September 0.5115 0.5002 0.5052
October 0.5155 0.5031 0.5083
November 0.5190 0.5067 0.5127
December 0.5166 0.5043 0.5107