2016 BGN to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BGN to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BGN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 40.2842. Conversely, the yearly low was recorded on December 20, dropping to 35.2388.
This high-to-low spread represents a total annual volatility of 5.0454 AFN. From a start-to-finish perspective, comparing the January average rate of 38.1036 to the December average rate of 35.8006, the exchange rate registered a net change of -6.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 40.2842 was up 4.63% compared to the 2015 peak of 38.5028, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BGN to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 39.2079, compared to 37.5322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6756 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 2.1265 AFN (High: 39.3436 / Low: 37.2170). On the other end, January was the most stable month, with a tight range of 0.5748 AFN (High: 38.3506 / Low: 37.7758).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.0453 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 39.7301) against the same month in 2015 (average: 34.0575), the exchange rate shifted by +5.6727 (+16.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.3506 | 37.7758 | 38.1036 |
| February | 39.8321 | 38.1896 | 39.0979 |
| March | 39.9012 | 38.1556 | 38.9923 |
| April | 39.9889 | 39.2712 | 39.6793 |
| May | 40.2427 | 39.1471 | 39.6440 |
| June | 40.2842 | 38.7577 | 39.7301 |
| July | 39.2282 | 38.6421 | 38.8784 |
| August | 39.3436 | 37.2170 | 38.5523 |
| September | 38.6729 | 37.6250 | 38.2043 |
| October | 37.8386 | 36.6911 | 37.1590 |
| November | 37.4537 | 36.0393 | 36.5987 |
| December | 36.5403 | 35.2388 | 35.8006 |