2022 TRY to BGN Historical Review

YEARLY HIGH

0.1325 BGN

YEARLY LOW

0.0978 BGN

YEARLY AVERAGE

0.1134 BGN

2022 TRY to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1325. Conversely, the yearly low was recorded on December 31, dropping to 0.0978.

This high-to-low spread represents a total annual volatility of 0.0348 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1277 to the December average rate of 0.0991, the exchange rate registered a net change of -22.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1325 was down 43.02% compared to the 2021 peak of 0.2326, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,627 BGN

2021 Average 9,548 BGN

Yearly Trough Low 4,889 BGN

Transaction Impact: A difference of 1,738.27 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1306

0.0962

JanuMarcMayJulySeptNove

TRY 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 0.1210, compared to 0.1057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.1210

H2 Avg (Jul–Dec) 0.1057

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0147 BGN (High: 0.1254 / Low: 0.1107). On the other end, December was the most stable month, with a tight range of 0.0027 BGN (High: 0.1005 / Low: 0.0978).

May Spread (Volatile) ±0.0147

December Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0095 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.1277) against the same month in 2021 (average: 0.2172), the exchange rate shifted by -0.0894 (-41.19%).

2022 Avg (January) 0.1277

2021 Avg (January) 0.2172

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1325	0.1243	0.1277
February	0.1298	0.1234	0.1263
March	0.1265	0.1195	0.1216
April	0.1259	0.1206	0.1229
May	0.1254	0.1107	0.1187
June	0.1127	0.1061	0.1091
July	0.1128	0.1067	0.1100
August	0.1087	0.1055	0.1072
September	0.1106	0.1059	0.1078
October	0.1085	0.1042	0.1070
November	0.1078	0.1009	0.1029
December	0.1005	0.0978	0.0991