YEARLY HIGH
0.7840 CAD
YEARLY LOW
0.7072 CAD
YEARLY AVERAGE
0.7489 CAD

2017 BGN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.7840. Conversely, the yearly low was recorded on February 24, dropping to 0.7072.

This high-to-low spread represents a total annual volatility of 0.0769 CAD. From a start-to-finish perspective, comparing the January average rate of 0.7181 to the December average rate of 0.7725, the exchange rate registered a net change of 7.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7840 was down 3.62% compared to the 2016 peak of 0.8135, 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 3,920 CAD
2016 Average 3,749 CAD
Yearly Trough Low 3,536 CAD
Transaction Impact: A difference of 384.43 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7785
0.7071
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 0.7386, compared to 0.7592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 0.7386
H2 Avg (Jul–Dec) 0.7592

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0390 CAD (High: 0.7610 / Low: 0.7220). On the other end, December was the most stable month, with a tight range of 0.0133 CAD (High: 0.7796 / Low: 0.7664).

April Spread (Volatile) ±0.0390
December Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 0.0155 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.7661) against the same month in 2016 (average: 0.7424), the exchange rate shifted by +0.0237 (+3.20%).

2017 Avg (November) 0.7661
2016 Avg (November) 0.7424

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7284 0.7118 0.7181
February 0.7210 0.7072 0.7130
March 0.7435 0.7196 0.7316
April 0.7610 0.7220 0.7360
May 0.7759 0.7610 0.7689
June 0.7786 0.7538 0.7643
July 0.7580 0.7414 0.7488
August 0.7683 0.7549 0.7618
September 0.7554 0.7397 0.7491
October 0.7735 0.7498 0.7569
November 0.7840 0.7548 0.7661
December 0.7796 0.7664 0.7725