2016 AZN to BGN Historical Review

YEARLY HIGH

1.1833 BGN

YEARLY LOW

1.0292 BGN

YEARLY AVERAGE

1.1037 BGN

2016 AZN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AZN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 1.1833. Conversely, the yearly low was recorded on December 29, dropping to 1.0292.

This high-to-low spread represents a total annual volatility of 0.1541 BGN. From a start-to-finish perspective, comparing the January average rate of 1.1365 to the December average rate of 1.0475, the exchange rate registered a net change of -7.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1833 was down 47.05% compared to the 2015 peak of 2.2349, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,917 BGN

2015 Average 8,739 BGN

Yearly Trough Low 5,146 BGN

Transaction Impact: A difference of 770.54 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1646

1.0368

JanuMarcMayJulySeptNove

AZN 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 1.1291, compared to 1.0783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0508 points.

H1 Avg (Jan–Jun) 1.1291

H2 Avg (Jul–Dec) 1.0783

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0976 BGN (High: 1.1537 / Low: 1.0560). On the other end, September was the most stable month, with a tight range of 0.0239 BGN (High: 1.0723 / Low: 1.0484).

March Spread (Volatile) ±0.0976

September Spread (Stable) ±0.0239

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0532 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 1.1540) against the same month in 2015 (average: 1.6698), the exchange rate shifted by -0.5159 (-30.89%).

2016 Avg (May) 1.1540

2015 Avg (May) 1.6698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1612	1.1022	1.1365
February	1.1470	1.0897	1.1142
March	1.1537	1.0560	1.0882
April	1.1599	1.1221	1.1374
May	1.1833	1.1277	1.1540
June	1.1763	1.1167	1.1444
July	1.1414	1.0974	1.1279
August	1.0977	1.0533	1.0747
September	1.0723	1.0484	1.0616
October	1.1129	1.0697	1.0957
November	1.0732	1.0479	1.0626
December	1.0606	1.0292	1.0475