YEARLY HIGH
0.8456 BGN
YEARLY LOW
0.6601 BGN
YEARLY AVERAGE
0.7765 BGN

2013 TRY to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TRY to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.8456. Conversely, the yearly low was recorded on December 29, dropping to 0.6601.

This high-to-low spread represents a total annual volatility of 0.1855 BGN. From a start-to-finish perspective, comparing the January average rate of 0.8312 to the December average rate of 0.6914, the exchange rate registered a net change of -16.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.8456 was down 5.38% compared to the 2012 peak of 0.8936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 42,278 BGN
2012 Average 42,303 BGN
Yearly Trough Low 33,005 BGN
Transaction Impact: A difference of 9,273.53 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.8511
0.6769
JanuMarcMayJulySeptNove

TRY 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 0.8227, compared to 0.7302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0925 points.

H1 Avg (Jan–Jun) 0.8227
H2 Avg (Jul–Dec) 0.7302

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0531 BGN (High: 0.7132 / Low: 0.6601). On the other end, November was the most stable month, with a tight range of 0.0105 BGN (High: 0.7212 / Low: 0.7107).

December Spread (Volatile) ±0.0531
November Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.0445 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 0.8366) against the same month in 2012 (average: 0.8322), the exchange rate shifted by +0.0043 (+0.52%).

2013 Avg (April) 0.8366
2012 Avg (April) 0.8322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8427 0.8175 0.8312
February 0.8306 0.8188 0.8247
March 0.8434 0.8293 0.8350
April 0.8456 0.8315 0.8366
May 0.8364 0.8033 0.8267
June 0.8029 0.7659 0.7822
July 0.7848 0.7618 0.7736
August 0.7657 0.7201 0.7503
September 0.7405 0.7127 0.7263
October 0.7322 0.7136 0.7231
November 0.7212 0.7107 0.7167
December 0.7132 0.6601 0.6914