2023 XDR to BGN Historical Review

YEARLY HIGH

2.4790 BGN

YEARLY LOW

2.3385 BGN

YEARLY AVERAGE

2.4132 BGN

2023 XDR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.4790. Conversely, the yearly low was recorded on July 14, dropping to 2.3385.

This high-to-low spread represents a total annual volatility of 0.1405 BGN. From a start-to-finish perspective, comparing the January average rate of 2.4367 to the December average rate of 2.3888, the exchange rate registered a net change of -1.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4790 was down 13.53% compared to the 2022 peak of 2.8668, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,395 BGN

2022 Average 12,751 BGN

Yearly Trough Low 11,693 BGN

Transaction Impact: A difference of 702.37 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4558

2.3698

JanuMarcMayJulySeptNove

XDR 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 2.4258, compared to 2.4005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0253 points.

H1 Avg (Jan–Jun) 2.4258

H2 Avg (Jul–Dec) 2.4005

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0668 BGN (High: 2.4053 / Low: 2.3385). On the other end, August was the most stable month, with a tight range of 0.0363 BGN (High: 2.4091 / Low: 2.3729).

July Spread (Volatile) ±0.0668

August Spread (Stable) ±0.0363

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 October and November, when the average rate fell by 0.0405 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0405

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.4367) against the same month in 2022 (average: 2.4242), the exchange rate shifted by +0.0125 (+0.52%).

2023 Avg (January) 2.4367

2022 Avg (January) 2.4242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4790	2.4185	2.4367
February	2.4691	2.4205	2.4486
March	2.4660	2.4036	2.4365
April	2.4221	2.3843	2.4055
May	2.4409	2.3763	2.4202
June	2.4401	2.3785	2.4075
July	2.4053	2.3385	2.3769
August	2.4091	2.3729	2.3936
September	2.4476	2.4038	2.4219
October	2.4564	2.4054	2.4311
November	2.4239	2.3660	2.3906
December	2.4150	2.3604	2.3888