2023 SBD to BGN Historical Review

YEARLY HIGH

0.2251 BGN

YEARLY LOW

0.2078 BGN

YEARLY AVERAGE

0.2167 BGN

2023 SBD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.2251. Conversely, the yearly low was recorded on July 16, dropping to 0.2078.

This high-to-low spread represents a total annual volatility of 0.0173 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2195 to the December average rate of 0.2118, the exchange rate registered a net change of -3.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2251 was down 9.96% compared to the 2022 peak of 0.2500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,125 BGN

2022 Average 1,143 BGN

Yearly Trough Low 1,039 BGN

Transaction Impact: A difference of 86.37 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2231

0.2104

JanuMarcMayJulySeptNove

SBD 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 0.2185, compared to 0.2149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.2185

H2 Avg (Jul–Dec) 0.2149

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0097 BGN (High: 0.2196 / Low: 0.2099). On the other end, August was the most stable month, with a tight range of 0.0043 BGN (High: 0.2165 / Low: 0.2122).

November Spread (Volatile) ±0.0097

August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0070 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2219) against the same month in 2022 (average: 0.2208), the exchange rate shifted by +0.0010 (+0.47%).

2023 Avg (March) 0.2219

2022 Avg (March) 0.2208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2249	0.2173	0.2195
February	0.2249	0.2177	0.2220
March	0.2251	0.2181	0.2219
April	0.2183	0.2123	0.2149
May	0.2195	0.2127	0.2162
June	0.2193	0.2139	0.2164
July	0.2153	0.2078	0.2114
August	0.2165	0.2122	0.2142
September	0.2225	0.2160	0.2181
October	0.2221	0.2178	0.2195
November	0.2196	0.2099	0.2143
December	0.2149	0.2087	0.2118