2018 SAR to BGN Historical Review

YEARLY HIGH

0.4644 BGN

YEARLY LOW

0.4170 BGN

YEARLY AVERAGE

0.4418 BGN

2018 SAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.4644. Conversely, the yearly low was recorded on February 1, dropping to 0.4170.

This high-to-low spread represents a total annual volatility of 0.0475 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4275 to the December average rate of 0.4583, the exchange rate registered a net change of 7.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4644 was down 7.29% compared to the 2017 peak of 0.5009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,322 BGN

2017 Average 2,312 BGN

Yearly Trough Low 2,085 BGN

Transaction Impact: A difference of 237.27 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4624

0.4186

JanuMarcMayJulySeptNove

SAR 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 0.4309, compared to 0.4528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.4309

H2 Avg (Jul–Dec) 0.4528

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0208 BGN (High: 0.4514 / Low: 0.4306). On the other end, July was the most stable month, with a tight range of 0.0048 BGN (High: 0.4485 / Low: 0.4436).

May Spread (Volatile) ±0.0208

July Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0053 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.4588) against the same month in 2017 (average: 0.4441), the exchange rate shifted by +0.0147 (+3.31%).

2018 Avg (November) 0.4588

2017 Avg (November) 0.4441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4365	0.4194	0.4275
February	0.4277	0.4170	0.4223
March	0.4260	0.4188	0.4229
April	0.4317	0.4208	0.4249
May	0.4514	0.4306	0.4409
June	0.4507	0.4407	0.4466
July	0.4485	0.4436	0.4461
August	0.4596	0.4453	0.4520
September	0.4512	0.4431	0.4476
October	0.4608	0.4496	0.4540
November	0.4644	0.4550	0.4588
December	0.4613	0.4549	0.4583