YEARLY HIGH
0.4740 GBP
YEARLY LOW
0.4274 GBP
YEARLY AVERAGE
0.4481 GBP

2017 BGN to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 0.4740. Conversely, the yearly low was recorded on April 18, dropping to 0.4274.

This high-to-low spread represents a total annual volatility of 0.0466 GBP. From a start-to-finish perspective, comparing the January average rate of 0.4402 to the December average rate of 0.4518, the exchange rate registered a net change of 2.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4740 was up 2.46% compared to the 2016 peak of 0.4626, 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 2,370 GBP
2016 Average 2,095 GBP
Yearly Trough Low 2,137 GBP
Transaction Impact: A difference of 233.09 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4698
0.4299
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 0.4398, compared to 0.4564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0166 points.

H1 Avg (Jan–Jun) 0.4398
H2 Avg (Jul–Dec) 0.4564

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.0226 GBP (High: 0.4707 / Low: 0.4481). On the other end, December was the most stable month, with a tight range of 0.0080 GBP (High: 0.4546 / Low: 0.4466).

September Spread (Volatile) ±0.0226
December Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0097 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.4665) against the same month in 2016 (average: 0.4377), the exchange rate shifted by +0.0288 (+6.58%).

2017 Avg (August) 0.4665
2016 Avg (August) 0.4377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4518 0.4335 0.4402
February 0.4415 0.4306 0.4361
March 0.4493 0.4343 0.4429
April 0.4387 0.4274 0.4332
May 0.4465 0.4298 0.4377
June 0.4529 0.4440 0.4487
July 0.4589 0.4473 0.4533
August 0.4740 0.4570 0.4665
September 0.4707 0.4481 0.4576
October 0.4604 0.4477 0.4552
November 0.4583 0.4489 0.4542
December 0.4546 0.4466 0.4518