YEARLY HIGH
0.4626 GBP
YEARLY LOW
0.3753 GBP
YEARLY AVERAGE
0.4189 GBP

2016 BGN to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 0.4626. Conversely, the yearly low was recorded on January 5, dropping to 0.3753.

This high-to-low spread represents a total annual volatility of 0.0873 GBP. From a start-to-finish perspective, comparing the January average rate of 0.3857 to the December average rate of 0.4319, the exchange rate registered a net change of 11.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4626 was up 15.17% compared to the 2015 peak of 0.4017, 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 2,313 GBP
2015 Average 1,857 GBP
Yearly Trough Low 1,876 GBP
Transaction Impact: A difference of 436.71 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4640
0.3786
JanuMarcMayJulySeptNove

BGN to GBP 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 0.3984, compared to 0.4393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0409 points.

H1 Avg (Jan–Jun) 0.3984
H2 Avg (Jul–Dec) 0.4393

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0373 GBP (High: 0.4266 / Low: 0.3893). On the other end, March was the most stable month, with a tight range of 0.0110 GBP (High: 0.4054 / Low: 0.3945).

June Spread (Volatile) ±0.0373
March Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0137 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.4569) against the same month in 2015 (average: 0.3741), the exchange rate shifted by +0.0827 (+22.12%).

2016 Avg (October) 0.4569
2015 Avg (October) 0.3741

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3938 0.3753 0.3857
February 0.4042 0.3855 0.3968
March 0.4054 0.3945 0.3992
April 0.4137 0.3959 0.4054
May 0.4055 0.3880 0.3982
June 0.4266 0.3893 0.4050
July 0.4395 0.4251 0.4304
August 0.4436 0.4286 0.4377
September 0.4434 0.4275 0.4359
October 0.4626 0.4420 0.4569
November 0.4609 0.4334 0.4432
December 0.4402 0.4275 0.4319