YEARLY HIGH
0.8135 CAD
YEARLY LOW
0.7088 CAD
YEARLY AVERAGE
0.7498 CAD

2016 BGN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.8135. Conversely, the yearly low was recorded on December 11, dropping to 0.7088.

This high-to-low spread represents a total annual volatility of 0.1047 CAD. From a start-to-finish perspective, comparing the January average rate of 0.7882 to the December average rate of 0.7193, the exchange rate registered a net change of -8.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8135 was up 3.86% compared to the 2015 peak of 0.7833, 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 4,068 CAD
2015 Average 3,627 CAD
Yearly Trough Low 3,544 CAD
Transaction Impact: A difference of 523.38 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7951
0.7125
JanuMarcMayJulySeptNove

BGN to CAD 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 0.7594, compared to 0.7403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0191 points.

H1 Avg (Jan–Jun) 0.7594
H2 Avg (Jul–Dec) 0.7403

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0512 CAD (High: 0.8048 / Low: 0.7536). On the other end, August was the most stable month, with a tight range of 0.0113 CAD (High: 0.7503 / Low: 0.7390).

February Spread (Volatile) ±0.0512
August Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.0304 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.7882) against the same month in 2015 (average: 0.7185), the exchange rate shifted by +0.0697 (+9.70%).

2016 Avg (January) 0.7882
2015 Avg (January) 0.7185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8135 0.7689 0.7882
February 0.8048 0.7536 0.7830
March 0.7604 0.7464 0.7526
April 0.7645 0.7273 0.7439
May 0.7539 0.7347 0.7476
June 0.7512 0.7353 0.7412
July 0.7452 0.7327 0.7375
August 0.7503 0.7390 0.7447
September 0.7599 0.7383 0.7502
October 0.7589 0.7366 0.7474
November 0.7622 0.7280 0.7424
December 0.7285 0.7088 0.7193