2024 SCR to BGN Historical Review

YEARLY HIGH

0.1400 BGN

YEARLY LOW

0.1191 BGN

YEARLY AVERAGE

0.1323 BGN

2024 SCR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.1400. Conversely, the yearly low was recorded on October 14, dropping to 0.1191.

This high-to-low spread represents a total annual volatility of 0.0209 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1340 to the December average rate of 0.1324, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1400 was down 3.65% compared to the 2023 peak of 0.1453, 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 700 BGN

2023 Average 673 BGN

Yearly Trough Low 596 BGN

Transaction Impact: A difference of 104.30 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1352

0.1287

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 0.1332, compared to 0.1314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1332

H2 Avg (Jul–Dec) 0.1314

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0185 BGN (High: 0.1376 / Low: 0.1191). On the other end, May was the most stable month, with a tight range of 0.0054 BGN (High: 0.1356 / Low: 0.1302).

October Spread (Volatile) ±0.0185

May Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between August and November, 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 February and March, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1324) against the same month in 2023 (average: 0.1334), the exchange rate shifted by -0.0010 (-0.74%).

2024 Avg (December) 0.1324

2023 Avg (December) 0.1334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1377	0.1287	0.1340
February	0.1384	0.1314	0.1347
March	0.1350	0.1257	0.1324
April	0.1370	0.1276	0.1342
May	0.1356	0.1302	0.1325
June	0.1347	0.1246	0.1316
July	0.1347	0.1273	0.1307
August	0.1364	0.1193	0.1293
September	0.1365	0.1258	0.1309
October	0.1376	0.1191	0.1310
November	0.1388	0.1273	0.1339
December	0.1400	0.1232	0.1324