2023 PLN to BGN Historical Review

YEARLY HIGH

0.4561 BGN

YEARLY LOW

0.4091 BGN

YEARLY AVERAGE

0.4310 BGN

2023 PLN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.4561. Conversely, the yearly low was recorded on February 13, dropping to 0.4091.

This high-to-low spread represents a total annual volatility of 0.0470 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4185 to the December average rate of 0.4516, the exchange rate registered a net change of 7.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4561 was up 4.94% compared to the 2022 peak of 0.4346, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 9,122 BGN

2022 Average 8,353 BGN

Yearly Trough Low 8,182 BGN

Transaction Impact: A difference of 939.42 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4555

0.4085

JanuMarcMayJulySeptNove

PLN 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 0.4230, compared to 0.4390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0159 points.

H1 Avg (Jan–Jun) 0.4230

H2 Avg (Jul–Dec) 0.4390

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0216 BGN (High: 0.4355 / Low: 0.4139). On the other end, August was the most stable month, with a tight range of 0.0055 BGN (High: 0.4419 / Low: 0.4365).

January Spread (Volatile) ±0.0216

August Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0135 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.4516) against the same month in 2022 (average: 0.4183), the exchange rate shifted by +0.0333 (+7.96%).

2023 Avg (December) 0.4516

2022 Avg (December) 0.4183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4355	0.4139	0.4185
February	0.4203	0.4091	0.4124
March	0.4190	0.4120	0.4167
April	0.4272	0.4149	0.4212
May	0.4358	0.4229	0.4307
June	0.4421	0.4328	0.4386
July	0.4439	0.4361	0.4401
August	0.4419	0.4365	0.4387
September	0.4379	0.4197	0.4252
October	0.4422	0.4224	0.4337
November	0.4531	0.4380	0.4445
December	0.4561	0.4494	0.4516