2016 BGN to BTN Historical Review

YEARLY HIGH

39.4215 BTN

YEARLY LOW

36.0600 BTN

YEARLY AVERAGE

38.0180 BTN

2016 BGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 39.4215. Conversely, the yearly low was recorded on December 20, dropping to 36.0600.

This high-to-low spread represents a total annual volatility of 3.3615 BTN. From a start-to-finish perspective, comparing the January average rate of 37.3672 to the December average rate of 36.5676, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 39.4215 was up 0.47% compared to the 2015 peak of 39.2358, 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 197,108 BTN

2015 Average 181,975 BTN

Yearly Trough Low 180,300 BTN

Transaction Impact: A difference of 16,807.61 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

38.9641

36.3497

JanuMarcMayJulySeptNove

BGN to BTN 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 38.3478, compared to 37.6882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6596 points.

H1 Avg (Jan–Jun) 38.3478

H2 Avg (Jul–Dec) 37.6882

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 1.6417 BTN (High: 39.4215 / Low: 37.7798). On the other end, September was the most stable month, with a tight range of 0.4131 BTN (High: 38.4978 / Low: 38.0847).

February Spread (Volatile) ±1.6417

September Spread (Stable) ±0.4131

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.7122 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 38.7462) against the same month in 2015 (average: 36.0039), the exchange rate shifted by +2.7424 (+7.62%).

2016 Avg (February) 38.7462

2015 Avg (February) 36.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.0718	36.6670	37.3672
February	39.4215	37.7798	38.7462
March	38.5800	37.6304	38.1152
April	38.7972	38.1956	38.5332
May	39.1110	38.1097	38.6502
June	39.1844	38.3201	38.6749
July	38.3904	37.7368	38.0361
August	38.8393	37.8673	38.3440
September	38.4978	38.0847	38.2624
October	38.2609	37.1887	37.6393
November	37.9568	36.8247	37.2798
December	37.2939	36.0600	36.5676