YEARLY HIGH
0.0296 BGN
YEARLY LOW
0.0189 BGN
YEARLY AVERAGE
0.0247 BGN

2020 ARS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0296. Conversely, the yearly low was recorded on December 30, dropping to 0.0189.

This high-to-low spread represents a total annual volatility of 0.0106 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0294 to the December average rate of 0.0195, the exchange rate registered a net change of -33.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0296 was down 36.18% compared to the 2019 peak of 0.0463, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148 BGN
2019 Average 186 BGN
Yearly Trough Low 95 BGN
Transaction Impact: A difference of 53.19 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0304
0.0185
JanuMarcMayJulySeptNove

ARS 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 0.0276, compared to 0.0217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.0276
H2 Avg (Jul–Dec) 0.0217

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0018 BGN (High: 0.0247 / Low: 0.0228). On the other end, September was the most stable month, with a tight range of 0.0004 BGN (High: 0.0223 / Low: 0.0219).

July Spread (Volatile) ±0.0018
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0015 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0294) against the same month in 2019 (average: 0.0459), the exchange rate shifted by -0.0165 (-35.89%).

2020 Avg (January) 0.0294
2019 Avg (January) 0.0459

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0296 0.0291 0.0294
February 0.0294 0.0285 0.0292
March 0.0289 0.0273 0.0280
April 0.0279 0.0267 0.0275
May 0.0271 0.0257 0.0265
June 0.0256 0.0247 0.0250
July 0.0247 0.0228 0.0239
August 0.0230 0.0221 0.0226
September 0.0223 0.0219 0.0221
October 0.0219 0.0211 0.0214
November 0.0214 0.0202 0.0207
December 0.0199 0.0189 0.0195