YEARLY HIGH
0.0033 BGN
YEARLY LOW
0.0031 BGN
YEARLY AVERAGE
0.0032 BGN

2023 SOS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0033. Conversely, the yearly low was recorded on July 18, dropping to 0.0031.

This high-to-low spread represents a total annual volatility of 0.0002 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0032 to the December average rate of 0.0031, the exchange rate registered a net change of -1.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0033 was down 8.74% compared to the 2022 peak of 0.0036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16 BGN
2022 Average 16 BGN
Yearly Trough Low 15 BGN
Transaction Impact: A difference of 1.08 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0033
0.0031
JanuMarcMayJulySeptNove

SOS 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 0.0032, compared to 0.0032 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) 0.0032
H2 Avg (Jul–Dec) 0.0032

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0001 BGN (High: 0.0032 / Low: 0.0031). On the other end, April was the most stable month, with a tight range of 0.0001 BGN (High: 0.0032 / Low: 0.0031).

November Spread (Volatile) ±0.0001
April 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 (October 2023: 0.0032) against the same month in 2022 (average: 0.0035), the exchange rate shifted by -0.0003 (-7.33%).

2023 Avg (October) 0.0032
2022 Avg (October) 0.0035

Monthly Breakdown

Statistical summary for each calendar month.

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