2024 SZL to BGN Historical Review

YEARLY HIGH

0.1058 BGN

YEARLY LOW

0.0934 BGN

YEARLY AVERAGE

0.0987 BGN

2024 SZL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.1058. Conversely, the yearly low was recorded on February 26, dropping to 0.0934.

This high-to-low spread represents a total annual volatility of 0.0124 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0955 to the December average rate of 0.1025, the exchange rate registered a net change of 7.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1058 was down 3.40% compared to the 2023 peak of 0.1095, 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 529 BGN

2023 Average 491 BGN

Yearly Trough Low 467 BGN

Transaction Impact: A difference of 61.76 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1035

0.0947

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 0.0967, compared to 0.1008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0967

H2 Avg (Jul–Dec) 0.1008

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0076 BGN (High: 0.1023 / Low: 0.0947). On the other end, October was the most stable month, with a tight range of 0.0019 BGN (High: 0.1033 / Low: 0.1013).

June Spread (Volatile) ±0.0076

October Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1025) against the same month in 2023 (average: 0.0961), the exchange rate shifted by +0.0064 (+6.62%).

2024 Avg (December) 0.1025

2023 Avg (December) 0.0961

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0968	0.0939	0.0955
February	0.0974	0.0934	0.0955
March	0.0966	0.0943	0.0955
April	0.0984	0.0952	0.0967
May	0.0993	0.0969	0.0983
June	0.1023	0.0947	0.0987
July	0.1009	0.0976	0.0989
August	0.1004	0.0962	0.0984
September	0.1021	0.0985	0.0999
October	0.1033	0.1013	0.1022
November	0.1044	0.1018	0.1028
December	0.1058	0.0999	0.1025