2023 SDG to BGN Historical Review

YEARLY HIGH

0.0033 BGN

YEARLY LOW

0.0029 BGN

YEARLY AVERAGE

0.0030 BGN

2023 SDG to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0033. Conversely, the yearly low was recorded on July 16, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0004 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0031 to the December average rate of 0.0030, the exchange rate registered a net change of -5.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0033 was down 23.38% compared to the 2022 peak of 0.0043, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16 BGN

2022 Average 19 BGN

Yearly Trough Low 14 BGN

Transaction Impact: A difference of 1.92 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0032

0.0029

JanuMarcMayJulySeptNove

SDG 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 0.0031, compared to 0.0030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0031

H2 Avg (Jul–Dec) 0.0030

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0003 BGN (High: 0.0033 / Low: 0.0030). On the other end, October was the most stable month, with a tight range of 0.0001 BGN (High: 0.0031 / Low: 0.0031).

November Spread (Volatile) ±0.0003

October Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0030) against the same month in 2022 (average: 0.0034), the exchange rate shifted by -0.0003 (-10.14%).

2023 Avg (November) 0.0030

2022 Avg (November) 0.0034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0032	0.0031	0.0031
February	0.0032	0.0031	0.0031
March	0.0032	0.0030	0.0031
April	0.0031	0.0029	0.0030
May	0.0030	0.0029	0.0030
June	0.0030	0.0030	0.0030
July	0.0030	0.0029	0.0029
August	0.0030	0.0030	0.0030
September	0.0031	0.0030	0.0030
October	0.0031	0.0031	0.0031
November	0.0033	0.0030	0.0030
December	0.0030	0.0029	0.0030