YEARLY HIGH
2.4729 BGN
YEARLY LOW
2.3365 BGN
YEARLY AVERAGE
2.4004 BGN

2024 XDR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.4729. Conversely, the yearly low was recorded on August 24, dropping to 2.3365.

This high-to-low spread represents a total annual volatility of 0.1364 BGN. From a start-to-finish perspective, comparing the January average rate of 2.3941 to the December average rate of 2.4494, the exchange rate registered a net change of 2.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4729 was down 0.25% compared to the 2023 peak of 2.4790, 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 12,364 BGN
2023 Average 12,065 BGN
Yearly Trough Low 11,682 BGN
Transaction Impact: A difference of 682.02 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4572
2.3629
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 2.3984, compared to 2.4024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 2.3984
H2 Avg (Jul–Dec) 2.4024

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0792 BGN (High: 2.4681 / Low: 2.3888). On the other end, July was the most stable month, with a tight range of 0.0298 BGN (High: 2.3981 / Low: 2.3683).

November Spread (Volatile) ±0.0792
July Spread (Stable) ±0.0298

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0177 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.4494) against the same month in 2023 (average: 2.3888), the exchange rate shifted by +0.0606 (+2.54%).

2024 Avg (December) 2.4494
2023 Avg (December) 2.3888

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4106 2.3711 2.3941
February 2.4243 2.3880 2.4051
March 2.4128 2.3715 2.3928
April 2.4388 2.3885 2.4087
May 2.4151 2.3755 2.3910
June 2.4128 2.3774 2.3986
July 2.3981 2.3683 2.3833
August 2.4067 2.3365 2.3707
September 2.3970 2.3596 2.3752
October 2.4195 2.3861 2.4031
November 2.4681 2.3888 2.4327
December 2.4729 2.4207 2.4494