2017 BGN to HNL Historical Review

YEARLY HIGH

14.4953 HNL

YEARLY LOW

12.3341 HNL

YEARLY AVERAGE

13.5581 HNL

2017 BGN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 14.4953. Conversely, the yearly low was recorded on January 3, dropping to 12.3341.

This high-to-low spread represents a total annual volatility of 2.1612 HNL. From a start-to-finish perspective, comparing the January average rate of 12.6905 to the December average rate of 14.3140, the exchange rate registered a net change of 12.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 14.4953 was up 9.02% compared to the 2016 peak of 13.2960, 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 72,477 HNL

2016 Average 64,404 HNL

Yearly Trough Low 61,670 HNL

Transaction Impact: A difference of 10,806.12 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

14.4764

12.5281

JanuMarcMayJulySeptNove

BGN to HNL 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 12.9830, compared to 14.1331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1501 points.

H1 Avg (Jan–Jun) 12.9830

H2 Avg (Jul–Dec) 14.1331

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.6532 HNL (High: 12.9873 / Low: 12.3341). On the other end, October was the most stable month, with a tight range of 0.2549 HNL (High: 14.2609 / Low: 14.0060).

January Spread (Volatile) ±0.6532

October Spread (Stable) ±0.2549

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 0.1603 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1603

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 14.3140) against the same month in 2016 (average: 12.5674), the exchange rate shifted by +1.7466 (+13.90%).

2017 Avg (December) 14.3140

2016 Avg (December) 12.5674

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.9873	12.3341	12.6905
February	13.0093	12.6957	12.8127
March	13.0546	12.6444	12.8420
April	13.1085	12.6412	12.8357
May	13.4791	13.0341	13.2648
June	13.6727	13.3599	13.4523
July	14.0630	13.5733	13.8015
August	14.3004	13.9822	14.1083
September	14.4410	14.0430	14.2783
October	14.2609	14.0060	14.1180
November	14.4538	13.9736	14.1787
December	14.4953	14.1703	14.3140