2017 BGN to CVE Historical Review

YEARLY HIGH

57.0809 CVE

YEARLY LOW

55.5933 CVE

YEARLY AVERAGE

56.5613 CVE

2017 BGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 57.0809. Conversely, the yearly low was recorded on January 2, dropping to 55.5933.

This high-to-low spread represents a total annual volatility of 1.4876 CVE. From a start-to-finish perspective, comparing the January average rate of 56.4787 to the December average rate of 56.5863, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 57.0809 was down 0.24% compared to the 2016 peak of 57.2203, 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 285,404 CVE

2016 Average 281,870 CVE

Yearly Trough Low 277,966 CVE

Transaction Impact: A difference of 7,437.87 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

56.6445

56.4611

JanuMarcMayJulySeptNove

BGN to CVE 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 56.5598, compared to 56.5628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 56.5598

H2 Avg (Jul–Dec) 56.5628

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 1.4876 CVE (High: 57.0809 / Low: 55.5933). On the other end, February was the most stable month, with a tight range of 0.2075 CVE (High: 56.6835 / Low: 56.4760).

January Spread (Volatile) ±1.4876

February Spread (Stable) ±0.2075

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.1008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 56.4787) against the same month in 2016 (average: 56.3764), the exchange rate shifted by +0.1023 (+0.18%).

2017 Avg (January) 56.4787

2016 Avg (January) 56.3764

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.0809	55.5933	56.4787
February	56.6835	56.4760	56.5593
March	56.9704	56.3646	56.5705
April	56.8352	56.3732	56.5545
May	56.8304	56.3704	56.6071
June	56.7552	56.3329	56.5885
July	57.0542	56.3380	56.5542
August	57.0008	56.2797	56.5536
September	56.8140	56.1741	56.5771
October	56.7845	55.7616	56.4764
November	57.0314	56.4316	56.6292
December	56.8298	56.3432	56.5863