2022 PGK to BGN Historical Review

YEARLY HIGH

0.5793 BGN

YEARLY LOW

0.4828 BGN

YEARLY AVERAGE

0.5272 BGN

2022 PGK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.5793. Conversely, the yearly low was recorded on February 12, dropping to 0.4828.

This high-to-low spread represents a total annual volatility of 0.0965 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4904 to the December average rate of 0.5241, the exchange rate registered a net change of 6.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5793 was up 16.95% compared to the 2021 peak of 0.4953, 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 2,896 BGN

2021 Average 2,344 BGN

Yearly Trough Low 2,414 BGN

Transaction Impact: A difference of 482.47 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5719

0.4822

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 0.5074, compared to 0.5470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0397 points.

H1 Avg (Jan–Jun) 0.5074

H2 Avg (Jul–Dec) 0.5470

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0333 BGN (High: 0.5664 / Low: 0.5332). On the other end, March was the most stable month, with a tight range of 0.0132 BGN (High: 0.5111 / Low: 0.4979).

November Spread (Volatile) ±0.0333

March Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.0208 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.5603) against the same month in 2021 (average: 0.4713), the exchange rate shifted by +0.0890 (+18.89%).

2022 Avg (September) 0.5603

2021 Avg (September) 0.4713

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4999	0.4837	0.4904
February	0.4970	0.4828	0.4897
March	0.5111	0.4979	0.5047
April	0.5297	0.5016	0.5136
May	0.5363	0.5084	0.5246
June	0.5331	0.5115	0.5212
July	0.5520	0.5309	0.5411
August	0.5592	0.5374	0.5486
September	0.5793	0.5481	0.5603
October	0.5723	0.5501	0.5645
November	0.5664	0.5332	0.5436
December	0.5324	0.5153	0.5241