2016 AFN to BGN Historical Review

YEARLY HIGH

0.0284 BGN

YEARLY LOW

0.0248 BGN

YEARLY AVERAGE

0.0261 BGN

2016 AFN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0284. Conversely, the yearly low was recorded on June 8, dropping to 0.0248.

This high-to-low spread represents a total annual volatility of 0.0036 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0262 to the December average rate of 0.0279, the exchange rate registered a net change of 6.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0284 was down 12.00% compared to the 2015 peak of 0.0322, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142 BGN

2015 Average 144 BGN

Yearly Trough Low 124 BGN

Transaction Impact: A difference of 17.77 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0282

0.0249

JanuMarcMayJulySeptNove

AFN 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 0.0255, compared to 0.0267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0255

H2 Avg (Jul–Dec) 0.0267

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0015 BGN (High: 0.0269 / Low: 0.0254). On the other end, July was the most stable month, with a tight range of 0.0004 BGN (High: 0.0259 / Low: 0.0255).

August Spread (Volatile) ±0.0015

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0007 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0279) against the same month in 2015 (average: 0.0266), the exchange rate shifted by +0.0014 (+5.09%).

2016 Avg (December) 0.0279

2015 Avg (December) 0.0266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0265	0.0261	0.0262
February	0.0262	0.0251	0.0256
March	0.0262	0.0251	0.0256
April	0.0255	0.0250	0.0252
May	0.0255	0.0248	0.0252
June	0.0258	0.0248	0.0252
July	0.0259	0.0255	0.0257
August	0.0269	0.0254	0.0259
September	0.0266	0.0259	0.0262
October	0.0273	0.0264	0.0269
November	0.0277	0.0267	0.0273
December	0.0284	0.0274	0.0279