2017 BGN to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 394.9104. Conversely, the yearly low was recorded on February 21, dropping to 346.0258.
This high-to-low spread represents a total annual volatility of 48.8846 CLP. From a start-to-finish perspective, comparing the January average rate of 358.6774 to the December average rate of 384.5991, the exchange rate registered a net change of 7.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 394.9104 was down 4.24% compared to the 2016 peak of 412.3932, 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 2017.
BGN to CLP 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 365.2071, compared to 383.7276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.5205 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 21.5235 CLP (High: 371.6052 / Low: 350.0816). On the other end, September was the most stable month, with a tight range of 8.4030 CLP (High: 385.7511 / Low: 377.3481).
Growth Streaks & Declines
TrendsBetween 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 8.7419 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 384.5991) against the same month in 2016 (average: 359.4309), the exchange rate shifted by +25.1682 (+7.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 363.7946 | 354.9632 | 358.6774 |
| February | 355.6891 | 346.0258 | 349.9356 |
| March | 369.2031 | 351.6188 | 361.6732 |
| April | 371.6052 | 350.0816 | 359.2121 |
| May | 386.5675 | 370.8620 | 379.8791 |
| June | 389.0935 | 377.4799 | 381.8649 |
| July | 393.6536 | 385.1402 | 388.1265 |
| August | 394.3774 | 380.3068 | 388.9446 |
| September | 385.7511 | 377.3481 | 381.3471 |
| October | 383.7493 | 373.3072 | 378.8221 |
| November | 393.5955 | 374.8505 | 380.5261 |
| December | 394.9104 | 374.4495 | 384.5991 |