2023 TTD to BGN Historical Review

YEARLY HIGH

0.2753 BGN

YEARLY LOW

0.2566 BGN

YEARLY AVERAGE

0.2665 BGN

2023 TTD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.2753. Conversely, the yearly low was recorded on July 14, dropping to 0.2566.

This high-to-low spread represents a total annual volatility of 0.0187 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2671 to the December average rate of 0.2635, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2753 was down 8.23% compared to the 2022 peak of 0.2999, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,376 BGN

2022 Average 1,370 BGN

Yearly Trough Low 1,283 BGN

Transaction Impact: A difference of 93.33 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2741

0.2597

JanuMarcMayJulySeptNove

TTD 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 0.2666, compared to 0.2664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2666

H2 Avg (Jul–Dec) 0.2664

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0103 BGN (High: 0.2727 / Low: 0.2624). On the other end, April was the most stable month, with a tight range of 0.0048 BGN (High: 0.2653 / Low: 0.2605).

November Spread (Volatile) ±0.0103

April Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0066 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2729) against the same month in 2022 (average: 0.2932), the exchange rate shifted by -0.0202 (-6.90%).

2023 Avg (October) 0.2729

2022 Avg (October) 0.2932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2739	0.2636	0.2671
February	0.2731	0.2639	0.2692
March	0.2734	0.2644	0.2694
April	0.2653	0.2605	0.2628
May	0.2696	0.2603	0.2653
June	0.2698	0.2623	0.2659
July	0.2660	0.2566	0.2609
August	0.2665	0.2616	0.2642
September	0.2740	0.2670	0.2701
October	0.2753	0.2699	0.2729
November	0.2727	0.2624	0.2666
December	0.2675	0.2590	0.2635