YEARLY HIGH
0.5135 EUR
YEARLY LOW
0.5046 EUR
YEARLY AVERAGE
0.5113 EUR

2017 BGN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 0.5135. Conversely, the yearly low was recorded on April 23, dropping to 0.5046.

This high-to-low spread represents a total annual volatility of 0.0089 EUR. From a start-to-finish perspective, comparing the January average rate of 0.5112 to the December average rate of 0.5114, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5135 was down 0.62% compared to the 2016 peak of 0.5167, 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 2,568 EUR
2016 Average 2,556 EUR
Yearly Trough Low 2,523 EUR
Transaction Impact: A difference of 44.41 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5114
0.5109
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 2017 was April, with a trading range of 0.0070 EUR (High: 0.5117 / Low: 0.5046). On the other end, June was the most stable month, with a tight range of 0.0014 EUR (High: 0.5122 / Low: 0.5108).

April Spread (Volatile) ±0.0070
June Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.5113) against the same month in 2016 (average: 0.5115), the exchange rate shifted by -0.0002 (-0.03%).

2017 Avg (November) 0.5113
2016 Avg (November) 0.5115

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5119 0.5104 0.5112
February 0.5123 0.5106 0.5113
March 0.5124 0.5085 0.5111
April 0.5117 0.5046 0.5110
May 0.5129 0.5103 0.5113
June 0.5122 0.5108 0.5113
July 0.5121 0.5104 0.5113
August 0.5121 0.5100 0.5113
September 0.5126 0.5101 0.5114
October 0.5125 0.5087 0.5113
November 0.5135 0.5105 0.5113
December 0.5129 0.5102 0.5114