2018 UAH to BGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 UAH to BGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the UAH to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.0648. Conversely, the yearly low was recorded on January 28, dropping to 0.0544.
This high-to-low spread represents a total annual volatility of 0.0105 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0563 to the December average rate of 0.0620, the exchange rate registered a net change of 10.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.0648 was down 7.54% compared to the 2017 peak of 0.0701, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UAH based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
UAH to BGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0605, compared to 0.0615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 0.0039 BGN (High: 0.0632 / Low: 0.0593). On the other end, September was the most stable month, with a tight range of 0.0009 BGN (High: 0.0601 / Low: 0.0592).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0021 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2018: 0.0632) against the same month in 2017 (average: 0.0670), the exchange rate shifted by -0.0038 (-5.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0580 | 0.0544 | 0.0563 |
| February | 0.0595 | 0.0562 | 0.0583 |
| March | 0.0611 | 0.0592 | 0.0603 |
| April | 0.0617 | 0.0599 | 0.0609 |
| May | 0.0648 | 0.0621 | 0.0632 |
| June | 0.0647 | 0.0633 | 0.0638 |
| July | 0.0641 | 0.0623 | 0.0634 |
| August | 0.0632 | 0.0593 | 0.0616 |
| September | 0.0601 | 0.0592 | 0.0595 |
| October | 0.0614 | 0.0599 | 0.0606 |
| November | 0.0624 | 0.0606 | 0.0616 |
| December | 0.0627 | 0.0610 | 0.0620 |