2016 BGN to ETB Historical Review

YEARLY HIGH

12.7833 ETB

YEARLY LOW

11.6803 ETB

YEARLY AVERAGE

12.3566 ETB

2016 BGN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 12.7833. Conversely, the yearly low was recorded on January 5, dropping to 11.6803.

This high-to-low spread represents a total annual volatility of 1.1030 ETB. From a start-to-finish perspective, comparing the January average rate of 11.8026 to the December average rate of 12.0666, the exchange rate registered a net change of 2.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 12.7833 was up 1.95% compared to the 2015 peak of 12.5383, 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 63,916 ETB

2015 Average 58,703 ETB

Yearly Trough Low 58,401 ETB

Transaction Impact: A difference of 5,515.01 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

12.7529

11.7162

JanuMarcMayJulySeptNove

BGN to ETB 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 12.2736, compared to 12.4395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1659 points.

H1 Avg (Jan–Jun) 12.2736

H2 Avg (Jul–Dec) 12.4395

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.6302 ETB (High: 12.6903 / Low: 12.0600). On the other end, September was the most stable month, with a tight range of 0.1203 ETB (High: 12.7233 / Low: 12.6030).

November Spread (Volatile) ±0.6302

September Spread (Stable) ±0.1203

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2481 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 12.6409) against the same month in 2015 (average: 11.8555), the exchange rate shifted by +0.7855 (+6.63%).

2016 Avg (August) 12.6409

2015 Avg (August) 11.8555

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8802	11.6803	11.8026
February	12.2969	11.8489	12.1025
March	12.4960	11.8801	12.1777
April	12.6388	12.3865	12.4969
May	12.6936	12.3845	12.5253
June	12.6784	12.3135	12.5365
July	12.5762	12.3693	12.4255
August	12.7833	12.4843	12.6409
September	12.7233	12.6030	12.6665
October	12.7328	12.3161	12.5227
November	12.6903	12.0600	12.3147
December	12.2773	11.8190	12.0666