YEARLY HIGH
1.6974 XCD
YEARLY LOW
1.4745 XCD
YEARLY AVERAGE
1.5772 XCD

2020 BGN to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.6974. Conversely, the yearly low was recorded on March 19, dropping to 1.4745.

This high-to-low spread represents a total annual volatility of 0.2228 XCD. From a start-to-finish perspective, comparing the January average rate of 1.5342 to the December average rate of 1.6817, the exchange rate registered a net change of 9.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.6974 was up 6.39% compared to the 2019 peak of 1.5955, 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 8,487 XCD
2019 Average 7,734 XCD
Yearly Trough Low 7,373 XCD
Transaction Impact: A difference of 1,114.03 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6997
1.4837
JanuMarcMayJulySeptNove

BGN to XCD 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 1.5225, compared to 1.6318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1093 points.

H1 Avg (Jan–Jun) 1.5225
H2 Avg (Jul–Dec) 1.6318

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1001 XCD (High: 1.5746 / Low: 1.4745). On the other end, January was the most stable month, with a tight range of 0.0280 XCD (High: 1.5497 / Low: 1.5217).

March Spread (Volatile) ±0.1001
January Spread (Stable) ±0.0280

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.0260 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.6817) against the same month in 2019 (average: 1.5354), the exchange rate shifted by +0.1463 (+9.53%).

2020 Avg (December) 1.6817
2019 Avg (December) 1.5354

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5497 1.5217 1.5342
February 1.5323 1.4910 1.5089
March 1.5746 1.4745 1.5277
April 1.5178 1.4887 1.5017
May 1.5346 1.4921 1.5076
June 1.5711 1.5385 1.5550
July 1.6369 1.5531 1.5834
August 1.6509 1.6223 1.6348
September 1.6453 1.6053 1.6280
October 1.6397 1.6108 1.6263
November 1.6529 1.6065 1.6366
December 1.6974 1.6691 1.6817