YEARLY HIGH
0.1374 BGN
YEARLY LOW
0.1086 BGN
YEARLY AVERAGE
0.1258 BGN

2018 SZL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SZL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.1374. Conversely, the yearly low was recorded on September 5, dropping to 0.1086.

This high-to-low spread represents a total annual volatility of 0.0288 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1314 to the December average rate of 0.1208, the exchange rate registered a net change of -8.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1374 was down 5.41% compared to the 2017 peak of 0.1452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 687 BGN
2017 Average 652 BGN
Yearly Trough Low 543 BGN
Transaction Impact: A difference of 143.88 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1359
0.1119
JanuMarcMayJulySeptNove

SZL 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 0.1315, compared to 0.1200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.1315
H2 Avg (Jul–Dec) 0.1200

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0121 BGN (High: 0.1272 / Low: 0.1151). On the other end, January was the most stable month, with a tight range of 0.0034 BGN (High: 0.1331 / Low: 0.1297).

August Spread (Volatile) ±0.0121
January Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0071 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1337) against the same month in 2017 (average: 0.1392), the exchange rate shifted by -0.0055 (-3.93%).

2018 Avg (February) 0.1337
2017 Avg (February) 0.1392

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1331 0.1297 0.1314
February 0.1374 0.1298 0.1337
March 0.1357 0.1317 0.1339
April 0.1346 0.1291 0.1318
May 0.1351 0.1292 0.1319
June 0.1329 0.1215 0.1264
July 0.1277 0.1214 0.1248
August 0.1272 0.1151 0.1211
September 0.1190 0.1086 0.1139
October 0.1204 0.1142 0.1173
November 0.1258 0.1179 0.1221
December 0.1265 0.1177 0.1208