YEARLY HIGH
0.0217 BGN
YEARLY LOW
0.0199 BGN
YEARLY AVERAGE
0.0208 BGN

2024 KGS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0217. Conversely, the yearly low was recorded on January 1, dropping to 0.0199.

This high-to-low spread represents a total annual volatility of 0.0018 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0201 to the December average rate of 0.0215, the exchange rate registered a net change of 6.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0217 was down 1.81% compared to the 2023 peak of 0.0221, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109 BGN
2023 Average 103 BGN
Yearly Trough Low 99 BGN
Transaction Impact: A difference of 9.11 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0216
0.0199
JanuMarcMayJulySeptNove

KGS 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 0.0204, compared to 0.0211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0204
H2 Avg (Jul–Dec) 0.0211

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0011 BGN (High: 0.0216 / Low: 0.0204). On the other end, February was the most stable month, with a tight range of 0.0003 BGN (High: 0.0204 / Low: 0.0201).

August Spread (Volatile) ±0.0011
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0213) against the same month in 2023 (average: 0.0203), the exchange rate shifted by +0.0010 (+5.12%).

2024 Avg (November) 0.0213
2023 Avg (November) 0.0203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0202 0.0199 0.0201
February 0.0204 0.0201 0.0203
March 0.0203 0.0200 0.0201
April 0.0207 0.0202 0.0205
May 0.0207 0.0204 0.0205
June 0.0212 0.0205 0.0209
July 0.0215 0.0210 0.0212
August 0.0216 0.0204 0.0208
September 0.0211 0.0208 0.0209
October 0.0212 0.0209 0.0210
November 0.0217 0.0208 0.0213
December 0.0217 0.0213 0.0215