2024 SBD to BGN Historical Review

YEARLY HIGH

0.2251 BGN

YEARLY LOW

0.2046 BGN

YEARLY AVERAGE

0.2146 BGN

2024 SBD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2251. Conversely, the yearly low was recorded on March 12, dropping to 0.2046.

This high-to-low spread represents a total annual volatility of 0.0204 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2129 to the December average rate of 0.2229, the exchange rate registered a net change of 4.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2251 was up 0.00% compared to the 2023 peak of 0.2251, 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

2023 Average 1,083 BGN

Yearly Trough Low 1,023 BGN

Transaction Impact: A difference of 102.18 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2242

0.2079

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 0.2138, compared to 0.2155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.2138

H2 Avg (Jul–Dec) 0.2155

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0096 BGN (High: 0.2143 / Low: 0.2046). On the other end, February was the most stable month, with a tight range of 0.0038 BGN (High: 0.2162 / Low: 0.2124).

March Spread (Volatile) ±0.0096

February Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0040 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2229) against the same month in 2023 (average: 0.2118), the exchange rate shifted by +0.0111 (+5.23%).

2024 Avg (December) 0.2229

2023 Avg (December) 0.2118

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2156	0.2103	0.2129
February	0.2162	0.2124	0.2144
March	0.2143	0.2046	0.2125
April	0.2176	0.2122	0.2151
May	0.2161	0.2113	0.2132
June	0.2170	0.2115	0.2148
July	0.2158	0.2116	0.2133
August	0.2139	0.2052	0.2093
September	0.2131	0.2085	0.2111
October	0.2190	0.2131	0.2161
November	0.2240	0.2157	0.2202
December	0.2251	0.2206	0.2229