YEARLY HIGH
0.0034 BGN
YEARLY LOW
0.0030 BGN
YEARLY AVERAGE
0.0032 BGN

2018 SYP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SYP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0034. Conversely, the yearly low was recorded on February 1, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0003 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0031 to the December average rate of 0.0033, the exchange rate registered a net change of 7.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0034 was down 61.60% compared to the 2017 peak of 0.0088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17 BGN
2017 Average 32 BGN
Yearly Trough Low 15 BGN
Transaction Impact: A difference of 1.74 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0034
0.0030
JanuMarcMayJulySeptNove

SYP 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 0.0031, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0031
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0001 BGN (High: 0.0032 / Low: 0.0031). On the other end, July was the most stable month, with a tight range of 0.0000 BGN (High: 0.0033 / Low: 0.0032).

January Spread (Volatile) ±0.0001
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0033) against the same month in 2017 (average: 0.0032), the exchange rate shifted by +0.0001 (+3.35%).

2018 Avg (November) 0.0033
2017 Avg (November) 0.0032

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0032 0.0031 0.0031
February 0.0031 0.0030 0.0031
March 0.0031 0.0030 0.0031
April 0.0031 0.0031 0.0031
May 0.0033 0.0032 0.0032
June 0.0033 0.0032 0.0033
July 0.0033 0.0032 0.0032
August 0.0033 0.0032 0.0033
September 0.0033 0.0032 0.0033
October 0.0034 0.0033 0.0033
November 0.0034 0.0033 0.0033
December 0.0034 0.0033 0.0033