2023 SCR to BGN Historical Review

YEARLY HIGH

0.1453 BGN

YEARLY LOW

0.1240 BGN

YEARLY AVERAGE

0.1346 BGN

2023 SCR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.1453. Conversely, the yearly low was recorded on July 21, dropping to 0.1240.

This high-to-low spread represents a total annual volatility of 0.0213 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1340 to the December average rate of 0.1334, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1453 was down 7.48% compared to the 2022 peak of 0.1571, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 727 BGN

2022 Average 688 BGN

Yearly Trough Low 620 BGN

Transaction Impact: A difference of 106.27 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1402

0.1309

JanuMarcMayJulySeptNove

SCR 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 0.1336, compared to 0.1356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1336

H2 Avg (Jul–Dec) 0.1356

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0149 BGN (High: 0.1419 / Low: 0.1269). On the other end, August was the most stable month, with a tight range of 0.0051 BGN (High: 0.1364 / Low: 0.1313).

January Spread (Volatile) ±0.0149

August Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between June and September, 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 0.0038 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1390) against the same month in 2022 (average: 0.1490), the exchange rate shifted by -0.0100 (-6.72%).

2023 Avg (October) 0.1390

2022 Avg (October) 0.1490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1419	0.1269	0.1340
February	0.1423	0.1274	0.1350
March	0.1408	0.1290	0.1357
April	0.1380	0.1267	0.1320
May	0.1388	0.1276	0.1334
June	0.1387	0.1260	0.1317
July	0.1376	0.1240	0.1324
August	0.1364	0.1313	0.1341
September	0.1442	0.1343	0.1394
October	0.1453	0.1337	0.1390
November	0.1402	0.1296	0.1354
December	0.1407	0.1268	0.1334