YEARLY HIGH
5256.6348 GNF
YEARLY LOW
4178.4774 GNF
YEARLY AVERAGE
4728.9907 GNF

2016 BGN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 5256.6348. Conversely, the yearly low was recorded on May 29, dropping to 4178.4774.

This high-to-low spread represents a total annual volatility of 1078.1574 GNF. From a start-to-finish perspective, comparing the January average rate of 4297.3907 to the December average rate of 4999.1450, the exchange rate registered a net change of 16.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 5256.6348 was up 18.53% compared to the 2015 peak of 4434.9964, 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 26,283,174 GNF
2015 Average 20,852,987 GNF
Yearly Trough Low 20,892,387 GNF
Transaction Impact: A difference of 5,390,786.97 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

5299.7483
4180.6257
JanuMarcMayJulySeptNove

BGN to GNF 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 4355.8568, compared to 5102.1246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 746.2678 points.

H1 Avg (Jan–Jun) 4355.8568
H2 Avg (Jul–Dec) 5102.1246

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 885.5186 GNF (High: 5079.8595 / Low: 4194.3409). On the other end, January was the most stable month, with a tight range of 75.3338 GNF (High: 4330.5372 / Low: 4255.2034).

June Spread (Volatile) ±885.5186
January Spread (Stable) ±75.3338

Growth Streaks & Declines

Trends

Between May and September, 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 April and May, when the average rate fell by 122.3879 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -122.3879

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 5206.4881) against the same month in 2015 (average: 4192.9013), the exchange rate shifted by +1013.5868 (+24.17%).

2016 Avg (September) 5206.4881
2015 Avg (September) 4192.9013

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4330.5372 4255.2034 4297.3907
February 4464.7113 4246.8892 4371.5110
March 4414.7426 4247.6536 4336.0472
April 4432.3046 4351.1648 4396.2738
May 4435.5074 4178.4774 4273.8860
June 5079.8595 4194.3409 4460.0319
July 5122.8363 4998.7391 5065.7190
August 5239.7026 5105.4006 5182.0347
September 5256.6348 5140.6802 5206.4881
October 5236.9707 5052.3293 5125.0900
November 5210.0737 4890.3668 5034.2705
December 5091.6908 4913.2176 4999.1450