YEARLY HIGH
0.0902 BGN
YEARLY LOW
0.0574 BGN
YEARLY AVERAGE
0.0783 BGN

2022 SRD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SRD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 0.0902. Conversely, the yearly low was recorded on December 31, dropping to 0.0574.

This high-to-low spread represents a total annual volatility of 0.0328 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0817 to the December average rate of 0.0583, the exchange rate registered a net change of -28.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0902 was down 23.59% compared to the 2021 peak of 0.1181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 451 BGN
2021 Average 472 BGN
Yearly Trough Low 287 BGN
Transaction Impact: A difference of 163.79 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0913
0.0554
JanuMarcMayJulySeptNove

SRD 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 0.0853, compared to 0.0713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.0853
H2 Avg (Jul–Dec) 0.0713

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0085 BGN (High: 0.0679 / Low: 0.0594). On the other end, December was the most stable month, with a tight range of 0.0019 BGN (High: 0.0593 / Low: 0.0574).

November Spread (Volatile) ±0.0085
December Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0069 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.0883) against the same month in 2021 (average: 0.1138), the exchange rate shifted by -0.0255 (-22.40%).

2022 Avg (May) 0.0883
2021 Avg (May) 0.1138

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0838 0.0804 0.0817
February 0.0853 0.0817 0.0836
March 0.0876 0.0848 0.0862
April 0.0897 0.0854 0.0872
May 0.0902 0.0861 0.0883
June 0.0870 0.0834 0.0849
July 0.0868 0.0790 0.0839
August 0.0813 0.0765 0.0791
September 0.0778 0.0697 0.0731
October 0.0730 0.0671 0.0701
November 0.0679 0.0594 0.0632
December 0.0593 0.0574 0.0583