YEARLY HIGH
2.2623 AED
YEARLY LOW
1.9547 AED
YEARLY AVERAGE
2.1218 AED

2017 BGN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 2.2623. Conversely, the yearly low was recorded on January 3, dropping to 1.9547.

This high-to-low spread represents a total annual volatility of 0.3075 AED. From a start-to-finish perspective, comparing the January average rate of 1.9963 to the December average rate of 2.2243, the exchange rate registered a net change of 11.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2623 was up 4.66% compared to the 2016 peak of 2.1616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,311 AED
2016 Average 10,393 AED
Yearly Trough Low 9,774 AED
Transaction Impact: A difference of 1,537.74 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.2620
1.9721
JanuMarcMayJulySeptNove

BGN to AED 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 2.0334, compared to 2.2101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1767 points.

H1 Avg (Jan–Jun) 2.0334
H2 Avg (Jul–Dec) 2.2101

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0920 AED (High: 2.2233 / Low: 2.1313). On the other end, February was the most stable month, with a tight range of 0.0445 AED (High: 2.0248 / Low: 1.9803).

July Spread (Volatile) ±0.0920
February Spread (Stable) ±0.0445

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0311 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 2.2379) against the same month in 2016 (average: 2.1047), the exchange rate shifted by +0.1332 (+6.33%).

2017 Avg (September) 2.2379
2016 Avg (September) 2.1047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0270 1.9547 1.9963
February 2.0248 1.9803 1.9986
March 2.0398 1.9738 2.0078
April 2.0526 1.9884 2.0112
May 2.1104 2.0397 2.0774
June 2.1484 2.0912 2.1092
July 2.2233 2.1313 2.1663
August 2.2505 2.2012 2.2199
September 2.2623 2.2054 2.2379
October 2.2277 2.1798 2.2068
November 2.2404 2.1753 2.2056
December 2.2543 2.2030 2.2243