2024 SAR to BGN Historical Review

YEARLY HIGH

0.5021 BGN

YEARLY LOW

0.4657 BGN

YEARLY AVERAGE

0.4818 BGN

2024 SAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.5021. Conversely, the yearly low was recorded on August 25, dropping to 0.4657.

This high-to-low spread represents a total annual volatility of 0.0364 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4781 to the December average rate of 0.4971, the exchange rate registered a net change of 3.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5021 was up 0.76% compared to the 2023 peak of 0.4983, 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 2,510 BGN

2023 Average 2,410 BGN

Yearly Trough Low 2,328 BGN

Transaction Impact: A difference of 182.13 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4999

0.4664

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 0.4823, compared to 0.4813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.4823

H2 Avg (Jul–Dec) 0.4813

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0236 BGN (High: 0.5001 / Low: 0.4765). On the other end, March was the most stable month, with a tight range of 0.0067 BGN (High: 0.4830 / Low: 0.4763).

November Spread (Volatile) ±0.0236

March Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0076 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4971) against the same month in 2023 (average: 0.4775), the exchange rate shifted by +0.0196 (+4.10%).

2024 Avg (December) 0.4971

2023 Avg (December) 0.4775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4818	0.4724	0.4781
February	0.4866	0.4796	0.4832
March	0.4830	0.4763	0.4798
April	0.4908	0.4797	0.4863
May	0.4887	0.4788	0.4823
June	0.4881	0.4784	0.4845
July	0.4855	0.4771	0.4805
August	0.4831	0.4657	0.4729
September	0.4733	0.4662	0.4692
October	0.4833	0.4709	0.4780
November	0.5001	0.4765	0.4901
December	0.5021	0.4918	0.4971