2016 BGN to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BGN to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BGN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 701.9818. Conversely, the yearly low was recorded on August 11, dropping to 625.8553.
This high-to-low spread represents a total annual volatility of 76.1265 KRW. From a start-to-finish perspective, comparing the January average rate of 667.2199 to the December average rate of 638.0511, the exchange rate registered a net change of -4.37% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 701.9818 was down 0.52% compared to the 2015 peak of 705.6793, 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 KRW 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 674.7063, compared to 638.9974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 35.7089 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 33.0571 KRW (High: 701.9818 / Low: 668.9247). On the other end, October was the most stable month, with a tight range of 12.2647 KRW (High: 642.4836 / Low: 630.2189).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 26.1385 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 691.5210) against the same month in 2015 (average: 639.0157), the exchange rate shifted by +52.5053 (+8.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 677.7460 | 652.6027 | 667.2199 |
| February | 701.9818 | 668.9247 | 691.5210 |
| March | 687.7255 | 664.3595 | 674.0119 |
| April | 673.6420 | 655.5109 | 665.1239 |
| May | 682.5001 | 669.1391 | 678.4870 |
| June | 682.2289 | 655.0105 | 671.8741 |
| July | 658.4562 | 636.3176 | 645.7356 |
| August | 648.7984 | 625.8553 | 636.7237 |
| September | 647.6058 | 628.0765 | 635.9733 |
| October | 642.4836 | 630.2189 | 635.3550 |
| November | 650.1208 | 635.1302 | 642.1456 |
| December | 652.0812 | 629.3695 | 638.0511 |