2016 BGN to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |