2017 BGN to GTQ Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to GTQ Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 4.5049. Conversely, the yearly low was recorded on February 24, dropping to 3.9703.
This high-to-low spread represents a total annual volatility of 0.5346 GTQ. From a start-to-finish perspective, comparing the January average rate of 4.0856 to the December average rate of 4.4523, the exchange rate registered a net change of 8.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 4.5049 was down 1.06% compared to the 2016 peak of 4.5533, 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 2017.
BGN to GTQ 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 4.0873, compared to 4.4044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3170 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 0.1565 GTQ (High: 4.1269 / Low: 3.9703). On the other end, October was the most stable month, with a tight range of 0.0824 GTQ (High: 4.4531 / Low: 4.3707).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0512 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 4.4514) against the same month in 2016 (average: 4.3150), the exchange rate shifted by +0.1364 (+3.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.1327 | 4.0186 | 4.0856 |
| February | 4.1269 | 3.9703 | 4.0344 |
| March | 4.0791 | 3.9715 | 4.0207 |
| April | 4.1066 | 3.9769 | 4.0216 |
| May | 4.2143 | 4.0752 | 4.1471 |
| June | 4.2792 | 4.1827 | 4.2145 |
| July | 4.3782 | 4.2531 | 4.3061 |
| August | 4.4793 | 4.3473 | 4.3930 |
| September | 4.5049 | 4.3968 | 4.4514 |
| October | 4.4531 | 4.3707 | 4.4165 |
| November | 4.4894 | 4.3428 | 4.4068 |
| December | 4.5047 | 4.4100 | 4.4523 |