2024 XCD to BGN Historical Review

YEARLY HIGH

0.6982 BGN

YEARLY LOW

0.6461 BGN

YEARLY AVERAGE

0.6690 BGN

2024 XCD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.6982. Conversely, the yearly low was recorded on August 25, dropping to 0.6461.

This high-to-low spread represents a total annual volatility of 0.0520 BGN. From a start-to-finish perspective, comparing the January average rate of 0.6634 to the December average rate of 0.6910, 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 0.6982 was up 0.96% compared to the 2023 peak of 0.6915, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,491 BGN

2023 Average 3,345 BGN

Yearly Trough Low 3,231 BGN

Transaction Impact: A difference of 260.14 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6949

0.6475

JanuMarcMayJulySeptNove

XCD 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 0.6694, compared to 0.6685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.6694

H2 Avg (Jul–Dec) 0.6685

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0324 BGN (High: 0.6948 / Low: 0.6624). On the other end, February was the most stable month, with a tight range of 0.0097 BGN (High: 0.6752 / Low: 0.6655).

November Spread (Volatile) ±0.0324

February Spread (Stable) ±0.0097

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 0.0103 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6910) against the same month in 2023 (average: 0.6628), the exchange rate shifted by +0.0282 (+4.26%).

2024 Avg (December) 0.6910

2023 Avg (December) 0.6628

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6686	0.6555	0.6634
February	0.6752	0.6655	0.6705
March	0.6708	0.6610	0.6658
April	0.6812	0.6657	0.6749
May	0.6782	0.6645	0.6693
June	0.6776	0.6639	0.6724
July	0.6740	0.6621	0.6669
August	0.6707	0.6461	0.6566
September	0.6572	0.6471	0.6515
October	0.6716	0.6538	0.6642
November	0.6948	0.6624	0.6811
December	0.6982	0.6837	0.6910