YEARLY HIGH
0.8300 BND
YEARLY LOW
0.7561 BND
YEARLY AVERAGE
0.7969 BND

2017 BGN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 0.8300. Conversely, the yearly low was recorded on February 28, dropping to 0.7561.

This high-to-low spread represents a total annual volatility of 0.0739 BND. From a start-to-finish perspective, comparing the January average rate of 0.7768 to the December average rate of 0.8152, the exchange rate registered a net change of 4.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8300 was up 2.98% compared to the 2016 peak of 0.8060, 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 4,150 BND
2016 Average 3,905 BND
Yearly Trough Low 3,781 BND
Transaction Impact: A difference of 369.63 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8279
0.7604
JanuMarcMayJulySeptNove

BGN to BND 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 0.7772, compared to 0.8166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0394 points.

H1 Avg (Jan–Jun) 0.7772
H2 Avg (Jul–Dec) 0.8166

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0234 BND (High: 0.7804 / Low: 0.7570). On the other end, January was the most stable month, with a tight range of 0.0088 BND (High: 0.7808 / Low: 0.7720).

April Spread (Volatile) ±0.0234
January Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0074 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.8223) against the same month in 2016 (average: 0.7720), the exchange rate shifted by +0.0503 (+6.52%).

2017 Avg (August) 0.8223
2016 Avg (August) 0.7720

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7808 0.7720 0.7768
February 0.7794 0.7561 0.7694
March 0.7738 0.7585 0.7681
April 0.7804 0.7570 0.7661
May 0.7968 0.7760 0.7886
June 0.8072 0.7865 0.7944
July 0.8208 0.8020 0.8085
August 0.8300 0.8181 0.8223
September 0.8272 0.8161 0.8221
October 0.8227 0.8104 0.8175
November 0.8204 0.8080 0.8139
December 0.8204 0.8104 0.8152