YEARLY HIGH
0.1286 BGN
YEARLY LOW
0.1129 BGN
YEARLY AVERAGE
0.1211 BGN

2019 SZL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SZL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.1286. Conversely, the yearly low was recorded on August 12, dropping to 0.1129.

This high-to-low spread represents a total annual volatility of 0.0157 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1234 to the December average rate of 0.1221, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1286 was down 6.38% compared to the 2018 peak of 0.1374, 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 643 BGN
2018 Average 629 BGN
Yearly Trough Low 565 BGN
Transaction Impact: A difference of 78.28 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1259
0.1156
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 0.1220, compared to 0.1201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1220
H2 Avg (Jul–Dec) 0.1201

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0113 BGN (High: 0.1242 / Low: 0.1129). On the other end, April was the most stable month, with a tight range of 0.0036 BGN (High: 0.1247 / Low: 0.1211).

August Spread (Volatile) ±0.0113
April Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0077 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.1250) against the same month in 2018 (average: 0.1337), the exchange rate shifted by -0.0087 (-6.51%).

2019 Avg (February) 0.1250
2018 Avg (February) 0.1337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1282 0.1185 0.1234
February 0.1286 0.1217 0.1250
March 0.1231 0.1182 0.1205
April 0.1247 0.1211 0.1232
May 0.1234 0.1196 0.1213
June 0.1216 0.1148 0.1187
July 0.1264 0.1222 0.1242
August 0.1242 0.1129 0.1165
September 0.1218 0.1170 0.1197
October 0.1212 0.1167 0.1187
November 0.1215 0.1157 0.1195
December 0.1248 0.1190 0.1221