2016 BGN to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BGN to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 39.4968. Conversely, the yearly low was recorded on December 20, dropping to 36.0831.
This high-to-low spread represents a total annual volatility of 3.4137 INR. From a start-to-finish perspective, comparing the January average rate of 37.3767 to the December average rate of 36.5368, the exchange rate registered a net change of -2.25% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 39.4968 was up 0.25% compared to the 2015 peak of 39.3989, 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 INR 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 38.3472, compared to 37.6868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6604 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 1.7666 INR (High: 39.4968 / Low: 37.7302). On the other end, September was the most stable month, with a tight range of 0.4931 INR (High: 38.4815 / Low: 37.9885).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.7946 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 38.7533) against the same month in 2015 (average: 36.0000), the exchange rate shifted by +2.7533 (+7.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.0334 | 36.6399 | 37.3767 |
| February | 39.4968 | 37.7302 | 38.7533 |
| March | 38.5034 | 37.5074 | 38.0958 |
| April | 38.8211 | 38.2622 | 38.5294 |
| May | 39.1439 | 38.1149 | 38.6649 |
| June | 39.1761 | 38.3223 | 38.6632 |
| July | 38.3096 | 37.7384 | 38.0065 |
| August | 38.8766 | 37.8674 | 38.3515 |
| September | 38.4815 | 37.9885 | 38.2524 |
| October | 38.2092 | 37.1783 | 37.6425 |
| November | 38.0014 | 36.9132 | 37.3314 |
| December | 37.2270 | 36.0831 | 36.5368 |