YEARLY HIGH
0.6294 BGN
YEARLY LOW
0.5025 BGN
YEARLY AVERAGE
0.5165 BGN

2019 PGK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.6294. Conversely, the yearly low was recorded on January 9, dropping to 0.5025.

This high-to-low spread represents a total annual volatility of 0.1269 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5093 to the December average rate of 0.5164, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6294 was up 20.98% compared to the 2018 peak of 0.5202, 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 3,147 BGN
2018 Average 2,521 BGN
Yearly Trough Low 2,512 BGN
Transaction Impact: A difference of 634.41 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5243
0.5079
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 0.5136, compared to 0.5193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.5136
H2 Avg (Jul–Dec) 0.5193

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.1170 BGN (High: 0.6294 / Low: 0.5124). On the other end, May was the most stable month, with a tight range of 0.0046 BGN (High: 0.5206 / Low: 0.5160).

November Spread (Volatile) ±0.1170
May Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0065 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.5229) against the same month in 2018 (average: 0.5127), the exchange rate shifted by +0.0103 (+2.00%).

2019 Avg (November) 0.5229
2018 Avg (November) 0.5127

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5142 0.5025 0.5093
February 0.5157 0.5075 0.5120
March 0.5180 0.5075 0.5131
April 0.5221 0.5114 0.5165
May 0.5206 0.5160 0.5181
June 0.5197 0.5072 0.5127
July 0.5214 0.5103 0.5150
August 0.5232 0.5131 0.5178
September 0.5290 0.5144 0.5228
October 0.5280 0.5131 0.5212
November 0.6294 0.5124 0.5229
December 0.5210 0.5096 0.5164