YEARLY HIGH
0.0975 BGN
YEARLY LOW
0.0716 BGN
YEARLY AVERAGE
0.0804 BGN

2020 MXN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0975. Conversely, the yearly low was recorded on April 5, dropping to 0.0716.

This high-to-low spread represents a total annual volatility of 0.0259 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0937 to the December average rate of 0.0806, the exchange rate registered a net change of -14.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0975 was up 4.53% compared to the 2019 peak of 0.0933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 4,874 BGN
2019 Average 4,540 BGN
Yearly Trough Low 3,578 BGN
Transaction Impact: A difference of 1,296.17 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0971
0.0723
JanuMarcMayJulySeptNove

MXN 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 0.0829, compared to 0.0779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0829
H2 Avg (Jul–Dec) 0.0779

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0186 BGN (High: 0.0904 / Low: 0.0719). On the other end, December was the most stable month, with a tight range of 0.0021 BGN (High: 0.0816 / Low: 0.0796).

March Spread (Volatile) ±0.0186
December Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0154 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0951) against the same month in 2019 (average: 0.0899), the exchange rate shifted by +0.0052 (+5.80%).

2020 Avg (February) 0.0951
2019 Avg (February) 0.0899

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0950 0.0922 0.0937
February 0.0975 0.0904 0.0951
March 0.0904 0.0719 0.0797
April 0.0767 0.0716 0.0743
May 0.0801 0.0719 0.0765
June 0.0806 0.0754 0.0778
July 0.0777 0.0742 0.0762
August 0.0756 0.0733 0.0746
September 0.0790 0.0744 0.0768
October 0.0792 0.0762 0.0782
November 0.0822 0.0787 0.0810
December 0.0816 0.0796 0.0806