YEARLY HIGH
0.6739 BGN
YEARLY LOW
0.6236 BGN
YEARLY AVERAGE
0.6457 BGN

2024 WST to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.6739. Conversely, the yearly low was recorded on August 25, dropping to 0.6236.

This high-to-low spread represents a total annual volatility of 0.0502 BGN. From a start-to-finish perspective, comparing the January average rate of 0.6403 to the December average rate of 0.6669, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6739 was down 2.20% compared to the 2023 peak of 0.6890, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,369 BGN
2023 Average 3,310 BGN
Yearly Trough Low 3,118 BGN
Transaction Impact: A difference of 251.08 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6708
0.6250
JanuMarcMayJulySeptNove

WST 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 0.6461, compared to 0.6453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.6461
H2 Avg (Jul–Dec) 0.6453

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0313 BGN (High: 0.6706 / Low: 0.6393). On the other end, February was the most stable month, with a tight range of 0.0093 BGN (High: 0.6517 / Low: 0.6424).

November Spread (Volatile) ±0.0313
February Spread (Stable) ±0.0093

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 July and August, when the average rate fell by 0.0100 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6669) against the same month in 2023 (average: 0.6397), the exchange rate shifted by +0.0272 (+4.26%).

2024 Avg (December) 0.6669
2023 Avg (December) 0.6397

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6453 0.6327 0.6403
February 0.6517 0.6424 0.6472
March 0.6475 0.6380 0.6426
April 0.6575 0.6426 0.6514
May 0.6546 0.6413 0.6460
June 0.6540 0.6408 0.6490
July 0.6506 0.6391 0.6437
August 0.6474 0.6236 0.6337
September 0.6343 0.6246 0.6288
October 0.6482 0.6310 0.6411
November 0.6706 0.6393 0.6574
December 0.6739 0.6599 0.6669