2017 BGN to ISK Historical Review

YEARLY HIGH

65.7596 ISK

YEARLY LOW

56.2503 ISK

YEARLY AVERAGE

61.5457 ISK

2017 BGN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 65.7596. Conversely, the yearly low was recorded on June 5, dropping to 56.2503.

This high-to-low spread represents a total annual volatility of 9.5093 ISK. From a start-to-finish perspective, comparing the January average rate of 62.0999 to the December average rate of 63.4641, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 65.7596 was down 10.04% compared to the 2016 peak of 73.0995, 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 328,798 ISK

2016 Average 341,793 ISK

Yearly Trough Low 281,252 ISK

Transaction Impact: A difference of 47,546.69 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

65.4886

57.2530

JanuMarcMayJulySeptNove

BGN to ISK 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 59.8194, compared to 63.2720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4526 points.

H1 Avg (Jan–Jun) 59.8194

H2 Avg (Jul–Dec) 63.2720

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 5.6564 ISK (High: 63.3800 / Low: 57.7236). On the other end, November was the most stable month, with a tight range of 1.5049 ISK (High: 63.2505 / Low: 61.7457).

February Spread (Volatile) ±5.6564

November Spread (Stable) ±1.5049

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.2893 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.2893

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 64.8023) against the same month in 2016 (average: 65.7933), the exchange rate shifted by -0.9910 (-1.51%).

2017 Avg (September) 64.8023

2016 Avg (September) 65.7933

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	63.7285	60.5653	62.0999
February	63.3800	57.7236	60.6498
March	61.7913	57.5533	59.7050
April	62.0337	59.1303	60.4057
May	59.4535	56.8620	58.1164
June	60.3151	56.2503	57.9393
July	63.2470	59.4788	61.4936
August	65.5452	62.9104	63.9758
September	65.7596	63.6424	64.8023
October	64.0167	62.3683	63.3721
November	63.2505	61.7457	62.5241
December	64.3847	62.6102	63.4641