YEARLY HIGH
0.0075 BGN
YEARLY LOW
0.0069 BGN
YEARLY AVERAGE
0.0072 BGN

2023 YER to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0075. Conversely, the yearly low was recorded on July 15, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0005 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0072 to the December average rate of 0.0072, the exchange rate registered a net change of -1.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0075 was down 8.43% compared to the 2022 peak of 0.0082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37 BGN
2022 Average 37 BGN
Yearly Trough Low 35 BGN
Transaction Impact: A difference of 2.59 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0074
0.0070
JanuMarcMayJulySeptNove

YER 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 0.0072, compared to 0.0072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0072
H2 Avg (Jul–Dec) 0.0072

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0003 BGN (High: 0.0074 / Low: 0.0071). On the other end, April was the most stable month, with a tight range of 0.0001 BGN (High: 0.0072 / Low: 0.0071).

November Spread (Volatile) ±0.0003
April Spread (Stable) ±0.0001

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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0074) against the same month in 2022 (average: 0.0079), the exchange rate shifted by -0.0006 (-6.94%).

2023 Avg (October) 0.0074
2022 Avg (October) 0.0079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0074 0.0072 0.0072
February 0.0074 0.0072 0.0073
March 0.0074 0.0072 0.0073
April 0.0072 0.0071 0.0071
May 0.0073 0.0071 0.0072
June 0.0073 0.0071 0.0072
July 0.0072 0.0069 0.0071
August 0.0072 0.0071 0.0072
September 0.0074 0.0072 0.0073
October 0.0075 0.0073 0.0074
November 0.0074 0.0071 0.0072
December 0.0073 0.0070 0.0072