YEARLY HIGH
1.2792 BBD
YEARLY LOW
1.1480 BBD
YEARLY AVERAGE
1.2081 BBD

2018 BGN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.2792. Conversely, the yearly low was recorded on November 12, dropping to 1.1480.

This high-to-low spread represents a total annual volatility of 0.1312 BBD. From a start-to-finish perspective, comparing the January average rate of 1.2476 to the December average rate of 1.1633, the exchange rate registered a net change of -6.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2792 was up 3.85% compared to the 2017 peak of 1.2318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,396 BBD
2017 Average 5,779 BBD
Yearly Trough Low 5,740 BBD
Transaction Impact: A difference of 656.08 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.2731
1.1520
JanuMarcMayJulySeptNove

BGN to BBD 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 1.2383, compared to 1.1778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0606 points.

H1 Avg (Jan–Jun) 1.2383
H2 Avg (Jul–Dec) 1.1778

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0500 BBD (High: 1.2717 / Low: 1.2217). On the other end, July was the most stable month, with a tight range of 0.0130 BBD (High: 1.2021 / Low: 1.1892).

January Spread (Volatile) ±0.0500
July Spread (Stable) ±0.0130

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0457 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1.2630) against the same month in 2017 (average: 1.0881), the exchange rate shifted by +0.1749 (+16.07%).

2018 Avg (February) 1.2630
2017 Avg (February) 1.0881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2717 1.2217 1.2476
February 1.2792 1.2469 1.2630
March 1.2736 1.2517 1.2609
April 1.2674 1.2353 1.2551
May 1.2258 1.1814 1.2094
June 1.2077 1.1834 1.1940
July 1.2021 1.1892 1.1954
August 1.1977 1.1601 1.1799
September 1.2036 1.1817 1.1914
October 1.1855 1.1571 1.1746
November 1.1715 1.1480 1.1621
December 1.1716 1.1558 1.1633