YEARLY HIGH
0.2156 BGN
YEARLY LOW
0.1996 BGN
YEARLY AVERAGE
0.2067 BGN

2024 SVC to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2156. Conversely, the yearly low was recorded on August 24, dropping to 0.1996.

This high-to-low spread represents a total annual volatility of 0.0160 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2049 to the December average rate of 0.2135, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2156 was up 0.98% compared to the 2023 peak of 0.2135, 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 1,078 BGN
2023 Average 1,034 BGN
Yearly Trough Low 998 BGN
Transaction Impact: A difference of 79.79 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2147
0.2000
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 0.2068, compared to 0.2065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.2068
H2 Avg (Jul–Dec) 0.2065

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0100 BGN (High: 0.2146 / Low: 0.2045). On the other end, February was the most stable month, with a tight range of 0.0032 BGN (High: 0.2085 / Low: 0.2054).

November Spread (Volatile) ±0.0100
February Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2135) against the same month in 2023 (average: 0.2045), the exchange rate shifted by +0.0090 (+4.40%).

2024 Avg (December) 0.2135
2023 Avg (December) 0.2045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2069 0.2019 0.2049
February 0.2085 0.2054 0.2071
March 0.2075 0.2042 0.2058
April 0.2105 0.2059 0.2086
May 0.2095 0.2055 0.2068
June 0.2095 0.2053 0.2077
July 0.2082 0.2046 0.2060
August 0.2074 0.1996 0.2030
September 0.2030 0.1998 0.2012
October 0.2075 0.2021 0.2050
November 0.2146 0.2045 0.2103
December 0.2156 0.2110 0.2135