2017 BGN to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 80.0544. Conversely, the yearly low was recorded on January 3, dropping to 68.4810.
This high-to-low spread represents a total annual volatility of 11.5734 JMD. From a start-to-finish perspective, comparing the January average rate of 70.0109 to the December average rate of 75.7708, the exchange rate registered a net change of 8.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 80.0544 was up 8.99% compared to the 2016 peak of 73.4486, 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 JMD 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 71.4772, compared to 76.7387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.2615 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 3.1710 JMD (High: 78.6928 / Low: 75.5219). On the other end, December was the most stable month, with a tight range of 1.2885 JMD (High: 76.4431 / Low: 75.1547).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.1766 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 79.1284) against the same month in 2016 (average: 72.9953), the exchange rate shifted by +6.1331 (+8.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 70.8601 | 68.4810 | 70.0109 |
| February | 71.1449 | 69.4010 | 70.0586 |
| March | 71.5990 | 69.2990 | 70.3569 |
| April | 72.2711 | 69.8409 | 70.6962 |
| May | 74.6618 | 71.9032 | 73.2030 |
| June | 75.6507 | 73.9207 | 74.5377 |
| July | 76.6555 | 74.4545 | 75.5706 |
| August | 78.6945 | 76.4572 | 77.1959 |
| September | 80.0544 | 77.8129 | 79.1284 |
| October | 78.6928 | 75.5219 | 76.9518 |
| November | 76.9428 | 74.8249 | 75.8150 |
| December | 76.4431 | 75.1547 | 75.7708 |