2017 BGN to ETB Historical Review

YEARLY HIGH

16.7939 ETB

YEARLY LOW

11.9672 ETB

YEARLY AVERAGE

13.8709 ETB

2017 BGN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 16.7939. Conversely, the yearly low was recorded on January 3, dropping to 11.9672.

This high-to-low spread represents a total annual volatility of 4.8267 ETB. From a start-to-finish perspective, comparing the January average rate of 12.2633 to the December average rate of 16.5677, the exchange rate registered a net change of 35.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 16.7939 was up 31.37% compared to the 2016 peak of 12.7833, 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 83,969 ETB

2016 Average 61,782 ETB

Yearly Trough Low 59,836 ETB

Transaction Impact: A difference of 24,133.36 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

16.9981

11.8329

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 12.6355, compared to 15.1064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4709 points.

H1 Avg (Jan–Jun) 12.6355

H2 Avg (Jul–Dec) 15.1064

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 2.3620 ETB (High: 16.4394 / Low: 14.0774). On the other end, September was the most stable month, with a tight range of 0.3403 ETB (High: 14.4892 / Low: 14.1489).

October Spread (Volatile) ±2.3620

September Spread (Stable) ±0.3403

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 16.5677) against the same month in 2016 (average: 12.0666), the exchange rate shifted by +4.5011 (+37.30%).

2017 Avg (December) 16.5677

2016 Avg (December) 12.0666

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4977	11.9672	12.2633
February	12.5686	12.1696	12.3360
March	12.6471	12.2037	12.4265
April	12.8222	12.3233	12.5157
May	13.2359	12.7670	13.0093
June	13.5438	13.1233	13.2623
July	13.9917	13.4517	13.7013
August	14.4016	13.9310	14.1014
September	14.4892	14.1489	14.3232
October	16.4394	14.0774	15.5457
November	16.7257	16.1333	16.3992
December	16.7939	16.2883	16.5677