YEARLY HIGH
29.2536 GMD
YEARLY LOW
22.8336 GMD
YEARLY AVERAGE
26.4880 GMD

2017 BGN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 29.2536. Conversely, the yearly low was recorded on January 2, dropping to 22.8336.

This high-to-low spread represents a total annual volatility of 6.4201 GMD. From a start-to-finish perspective, comparing the January average rate of 23.6660 to the December average rate of 28.7811, the exchange rate registered a net change of 21.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 29.2536 was up 16.19% compared to the 2016 peak of 25.1777, 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 146,268 GMD
2016 Average 118,824 GMD
Yearly Trough Low 114,168 GMD
Transaction Impact: A difference of 32,100.38 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

29.2926
23.1545
JanuMarcMayJulySeptNove

BGN to GMD 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 24.8978, compared to 28.0783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1805 points.

H1 Avg (Jan–Jun) 24.8978
H2 Avg (Jul–Dec) 28.0783

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 1.2627 GMD (High: 24.0963 / Low: 22.8336). On the other end, February was the most stable month, with a tight range of 0.4947 GMD (High: 24.2553 / Low: 23.7606).

January Spread (Volatile) ±1.2627
February Spread (Stable) ±0.4947

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: 28.7811) against the same month in 2016 (average: 23.0672), the exchange rate shifted by +5.7139 (+24.77%).

2017 Avg (December) 28.7811
2016 Avg (December) 23.0672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.0963 22.8336 23.6660
February 24.2553 23.7606 24.0325
March 25.0995 23.9164 24.4541
April 25.3123 24.4227 24.7578
May 26.5122 25.3516 26.0727
June 26.9417 26.1134 26.4034
July 27.8432 26.7177 27.1447
August 28.2301 27.1822 27.7490
September 28.4243 27.6948 28.0544
October 28.7327 27.5661 28.2816
November 28.9829 27.9821 28.4591
December 29.2536 28.4922 28.7811