YEARLY HIGH
0.5167 EUR
YEARLY LOW
0.5084 EUR
YEARLY AVERAGE
0.5113 EUR

2016 BGN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.5167. Conversely, the yearly low was recorded on November 16, dropping to 0.5084.

This high-to-low spread represents a total annual volatility of 0.0084 EUR. From a start-to-finish perspective, comparing the January average rate of 0.5113 to the December average rate of 0.5114, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5167 was up 0.42% compared to the 2015 peak of 0.5146, 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 2,584 EUR
2015 Average 2,557 EUR
Yearly Trough Low 2,542 EUR
Transaction Impact: A difference of 41.76 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5115
0.5110
JanuMarcMayJulySeptNove

BGN to EUR 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 0.5112, compared to 0.5113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.5112
H2 Avg (Jul–Dec) 0.5113

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0082 EUR (High: 0.5167 / Low: 0.5085). On the other end, March was the most stable month, with a tight range of 0.0022 EUR (High: 0.5118 / Low: 0.5096).

December Spread (Volatile) ±0.0082
March Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.5114) against the same month in 2015 (average: 0.5110), the exchange rate shifted by +0.0004 (+0.08%).

2016 Avg (December) 0.5114
2015 Avg (December) 0.5110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5123 0.5097 0.5113
February 0.5122 0.5093 0.5112
March 0.5118 0.5096 0.5110
April 0.5123 0.5100 0.5112
May 0.5131 0.5105 0.5114
June 0.5130 0.5091 0.5112
July 0.5131 0.5098 0.5114
August 0.5127 0.5103 0.5114
September 0.5125 0.5099 0.5112
October 0.5124 0.5099 0.5113
November 0.5134 0.5084 0.5115
December 0.5167 0.5085 0.5114