YEARLY HIGH
5533.1022 GNF
YEARLY LOW
4951.8534 GNF
YEARLY AVERAGE
5267.3756 GNF

2017 BGN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 5533.1022. Conversely, the yearly low was recorded on April 18, dropping to 4951.8534.

This high-to-low spread represents a total annual volatility of 581.2488 GNF. From a start-to-finish perspective, comparing the January average rate of 5090.2760 to the December average rate of 5461.3739, the exchange rate registered a net change of 7.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 5533.1022 was up 5.26% compared to the 2016 peak of 5256.6348, 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 27,665,511 GNF
2016 Average 23,652,246 GNF
Yearly Trough Low 24,759,267 GNF
Transaction Impact: A difference of 2,906,244.01 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

5502.8087
5038.2176
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 5126.7650, compared to 5407.9862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 281.2211 points.

H1 Avg (Jan–Jun) 5126.7650
H2 Avg (Jul–Dec) 5407.9862

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 253.0141 GNF (High: 5204.8675 / Low: 4951.8534). On the other end, October was the most stable month, with a tight range of 95.2020 GNF (High: 5452.7288 / Low: 5357.5269).

April Spread (Volatile) ±253.0141
October Spread (Stable) ±95.2020

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 67.9512 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -67.9512

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 5464.0928) against the same month in 2016 (average: 5206.4881), the exchange rate shifted by +257.6046 (+4.95%).

2017 Avg (September) 5464.0928
2016 Avg (September) 5206.4881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5172.9280 4967.4223 5090.2760
February 5164.8393 4984.1610 5102.0344
March 5205.4692 4980.3217 5099.5546
April 5204.8675 4951.8534 5076.9335
May 5255.8033 5067.2309 5183.9048
June 5297.8302 5124.0407 5207.8867
July 5440.5578 5246.1921 5312.6558
August 5484.2930 5318.6689 5398.9756
September 5533.1022 5380.1468 5464.0928
October 5452.7288 5357.5269 5396.1415
November 5491.0378 5335.7259 5414.6774
December 5533.0099 5410.2795 5461.3739