YEARLY HIGH
0.9164 BGN
YEARLY LOW
0.7961 BGN
YEARLY AVERAGE
0.8581 BGN

2020 BBD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BBD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.9164. Conversely, the yearly low was recorded on December 30, dropping to 0.7961.

This high-to-low spread represents a total annual volatility of 0.1203 BGN. From a start-to-finish perspective, comparing the January average rate of 0.8808 to the December average rate of 0.8035, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9164 was up 2.14% compared to the 2019 peak of 0.8972, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,582 BGN
2019 Average 4,368 BGN
Yearly Trough Low 3,981 BGN
Transaction Impact: A difference of 601.47 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9095
0.7939
JanuMarcMayJulySeptNove

BBD 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 0.8877, compared to 0.8284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0593 points.

H1 Avg (Jan–Jun) 0.8877
H2 Avg (Jul–Dec) 0.8284

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0582 BGN (High: 0.9164 / Low: 0.8582). On the other end, December was the most stable month, with a tight range of 0.0135 BGN (High: 0.8096 / Low: 0.7961).

March Spread (Volatile) ±0.0582
December Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between August and October, 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 0.0274 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.8848) against the same month in 2019 (average: 0.8655), the exchange rate shifted by +0.0193 (+2.23%).

2020 Avg (March) 0.8848
2019 Avg (March) 0.8655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8880 0.8720 0.8808
February 0.9063 0.8819 0.8956
March 0.9164 0.8582 0.8848
April 0.9077 0.8903 0.8998
May 0.9056 0.8805 0.8964
June 0.8783 0.8601 0.8690
July 0.8701 0.8255 0.8536
August 0.8329 0.8185 0.8266
September 0.8417 0.8213 0.8301
October 0.8389 0.8241 0.8309
November 0.8411 0.8175 0.8257
December 0.8096 0.7961 0.8035