2024 UAH to BGN Historical Review

YEARLY HIGH

0.0484 BGN

YEARLY LOW

0.0422 BGN

YEARLY AVERAGE

0.0451 BGN

2024 UAH to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0484. Conversely, the yearly low was recorded on September 20, dropping to 0.0422.

This high-to-low spread represents a total annual volatility of 0.0062 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0474 to the December average rate of 0.0447, the exchange rate registered a net change of -5.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0484 was down 5.35% compared to the 2023 peak of 0.0512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 242 BGN

2023 Average 246 BGN

Yearly Trough Low 211 BGN

Transaction Impact: A difference of 30.92 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0482

0.0422

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0464, compared to 0.0437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0464

H2 Avg (Jul–Dec) 0.0437

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0022 BGN (High: 0.0454 / Low: 0.0432). On the other end, December was the most stable month, with a tight range of 0.0005 BGN (High: 0.0449 / Low: 0.0444).

November Spread (Volatile) ±0.0022

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, 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 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0477) against the same month in 2023 (average: 0.0497), the exchange rate shifted by -0.0020 (-3.97%).

2024 Avg (February) 0.0477

2023 Avg (February) 0.0497

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0482	0.0465	0.0474
February	0.0484	0.0468	0.0477
March	0.0474	0.0458	0.0465
April	0.0469	0.0460	0.0463
May	0.0463	0.0445	0.0455
June	0.0453	0.0444	0.0449
July	0.0448	0.0432	0.0440
August	0.0441	0.0423	0.0431
September	0.0431	0.0422	0.0427
October	0.0440	0.0428	0.0435
November	0.0454	0.0432	0.0445
December	0.0449	0.0444	0.0447