2024 SRD to BGN Historical Review

YEARLY HIGH

0.0629 BGN

YEARLY LOW

0.0482 BGN

YEARLY AVERAGE

0.0549 BGN

2024 SRD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.0629. Conversely, the yearly low was recorded on January 1, dropping to 0.0482.

This high-to-low spread represents a total annual volatility of 0.0147 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0489 to the December average rate of 0.0530, the exchange rate registered a net change of 8.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0629 was up 6.92% compared to the 2023 peak of 0.0588, 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 314 BGN

2023 Average 248 BGN

Yearly Trough Low 241 BGN

Transaction Impact: A difference of 73.36 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0629

0.0476

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 0.0527, compared to 0.0570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0527

H2 Avg (Jul–Dec) 0.0570

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0056 BGN (High: 0.0579 / Low: 0.0523). On the other end, January was the most stable month, with a tight range of 0.0012 BGN (High: 0.0494 / Low: 0.0482).

October Spread (Volatile) ±0.0056

January Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0041 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0616) against the same month in 2023 (average: 0.0468), the exchange rate shifted by +0.0148 (+31.53%).

2024 Avg (August) 0.0616

2023 Avg (August) 0.0468

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0494	0.0482	0.0489
February	0.0512	0.0490	0.0501
March	0.0518	0.0504	0.0511
April	0.0541	0.0516	0.0527
May	0.0563	0.0539	0.0555
June	0.0597	0.0557	0.0580
July	0.0626	0.0591	0.0607
August	0.0629	0.0607	0.0616
September	0.0613	0.0570	0.0593
October	0.0579	0.0523	0.0553
November	0.0529	0.0513	0.0523
December	0.0537	0.0522	0.0530