2024 PLN to BGN Historical Review

YEARLY HIGH

0.4602 BGN

YEARLY LOW

0.3845 BGN

YEARLY AVERAGE

0.4541 BGN

2024 PLN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 0.4602. Conversely, the yearly low was recorded on January 1, dropping to 0.3845.

This high-to-low spread represents a total annual volatility of 0.0757 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4464 to the December average rate of 0.4580, the exchange rate registered a net change of 2.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4602 was up 0.90% compared to the 2023 peak of 0.4561, 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 9,204 BGN

2023 Average 8,623 BGN

Yearly Trough Low 7,690 BGN

Transaction Impact: A difference of 1,513.75 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4592

0.4452

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 0.4527, compared to 0.4555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.4527

H2 Avg (Jul–Dec) 0.4555

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0668 BGN (High: 0.4513 / Low: 0.3845). On the other end, February was the most stable month, with a tight range of 0.0045 BGN (High: 0.4544 / Low: 0.4499).

January Spread (Volatile) ±0.0668

February Spread (Stable) ±0.0045

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 September and October, when the average rate fell by 0.0042 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.4567) against the same month in 2023 (average: 0.4307), the exchange rate shifted by +0.0259 (+6.02%).

2024 Avg (May) 0.4567

2023 Avg (May) 0.4307

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4513	0.3845	0.4464
February	0.4544	0.4499	0.4523
March	0.4570	0.4503	0.4540
April	0.4588	0.4478	0.4544
May	0.4602	0.4515	0.4567
June	0.4582	0.4457	0.4526
July	0.4598	0.4530	0.4569
August	0.4593	0.4524	0.4559
September	0.4600	0.4554	0.4573
October	0.4560	0.4492	0.4531
November	0.4552	0.4464	0.4514
December	0.4597	0.4532	0.4580