2017 BGN to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 69.1638. Conversely, the yearly low was recorded on April 16, dropping to 58.7734.
This high-to-low spread represents a total annual volatility of 10.3904 JPY. From a start-to-finish perspective, comparing the January average rate of 62.5074 to the December average rate of 68.3914, the exchange rate registered a net change of 9.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 69.1638 was up 2.75% compared to the 2016 peak of 67.3157, 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 JPY 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 62.1969, compared to 67.3346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1377 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 3.3593 JPY (High: 62.1327 / Low: 58.7734). On the other end, July was the most stable month, with a tight range of 1.2329 JPY (High: 66.7985 / Low: 65.5656).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.4469 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 68.3914) against the same month in 2016 (average: 62.5221), the exchange rate shifted by +5.8693 (+9.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 63.0833 | 61.8198 | 62.5074 |
| February | 62.3582 | 60.5607 | 61.4784 |
| March | 62.7319 | 60.6772 | 61.7575 |
| April | 62.1327 | 58.7734 | 60.3105 |
| May | 64.1046 | 62.3024 | 63.4458 |
| June | 65.6621 | 62.8118 | 63.6814 |
| July | 66.7985 | 65.5656 | 66.2113 |
| August | 67.2006 | 65.5247 | 66.3453 |
| September | 68.6865 | 66.1517 | 67.4647 |
| October | 68.7079 | 67.2893 | 67.8495 |
| November | 68.4646 | 67.2306 | 67.7452 |
| December | 69.1638 | 67.6248 | 68.3914 |