YEARLY HIGH
39.6448 INR
YEARLY LOW
34.7933 INR
YEARLY AVERAGE
37.5909 INR

2017 BGN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 39.6448. Conversely, the yearly low was recorded on April 9, dropping to 34.7933.

This high-to-low spread represents a total annual volatility of 4.8515 INR. From a start-to-finish perspective, comparing the January average rate of 37.0006 to the December average rate of 38.8879, the exchange rate registered a net change of 5.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 39.6448 was up 0.37% compared to the 2016 peak of 39.4968, 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 198,224 INR
2016 Average 190,055 INR
Yearly Trough Low 173,966 INR
Transaction Impact: A difference of 24,257.65 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

39.6433
34.9481
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 36.3730, compared to 38.8087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4357 points.

H1 Avg (Jan–Jun) 36.3730
H2 Avg (Jul–Dec) 38.8087

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 1.4134 INR (High: 37.1542 / Low: 35.7408). On the other end, December was the most stable month, with a tight range of 0.7633 INR (High: 39.2704 / Low: 38.5071).

May Spread (Volatile) ±1.4134
December Spread (Stable) ±0.7633

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 March and April, when the average rate fell by 0.6689 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6689

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 39.2521) against the same month in 2016 (average: 38.2524), the exchange rate shifted by +0.9997 (+2.61%).

2017 Avg (September) 39.2521
2016 Avg (September) 38.2524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.4491 36.3383 37.0006
February 37.1022 35.9903 36.4385
March 36.3440 35.3067 36.0083
April 35.9825 34.7933 35.3394
May 37.1542 35.7408 36.4384
June 37.9004 36.7540 37.0131
July 38.8591 37.5428 38.0047
August 39.1321 38.3305 38.6669
September 39.6448 38.6999 39.2521
October 39.5451 38.4840 39.0899
November 39.4469 38.3514 38.9508
December 39.2704 38.5071 38.8879