2023 SVC to BGN Historical Review

YEARLY HIGH

0.2135 BGN

YEARLY LOW

0.1990 BGN

YEARLY AVERAGE

0.2067 BGN

2023 SVC to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.2135. Conversely, the yearly low was recorded on July 18, dropping to 0.1990.

This high-to-low spread represents a total annual volatility of 0.0145 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2073 to the December average rate of 0.2045, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2135 was down 8.43% compared to the 2022 peak of 0.2331, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,068 BGN

2022 Average 1,063 BGN

Yearly Trough Low 995 BGN

Transaction Impact: A difference of 72.64 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2127

0.2015

JanuMarcMayJulySeptNove

SVC 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 0.2069, compared to 0.2066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2069

H2 Avg (Jul–Dec) 0.2066

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0080 BGN (High: 0.2114 / Low: 0.2034). On the other end, April was the most stable month, with a tight range of 0.0036 BGN (High: 0.2058 / Low: 0.2022).

November Spread (Volatile) ±0.0080

April Spread (Stable) ±0.0036

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 0.0051 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2117) against the same month in 2022 (average: 0.2273), the exchange rate shifted by -0.0156 (-6.86%).

2023 Avg (October) 0.2117

2022 Avg (October) 0.2273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2123	0.2049	0.2073
February	0.2118	0.2047	0.2089
March	0.2119	0.2051	0.2090
April	0.2058	0.2022	0.2039
May	0.2092	0.2020	0.2058
June	0.2090	0.2035	0.2062
July	0.2062	0.1990	0.2024
August	0.2071	0.2029	0.2049
September	0.2126	0.2068	0.2094
October	0.2135	0.2096	0.2117
November	0.2114	0.2034	0.2069
December	0.2077	0.2010	0.2045