2017 BGN to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 698.3574. Conversely, the yearly low was recorded on April 2, dropping to 608.0792.
This high-to-low spread represents a total annual volatility of 90.2782 KRW. From a start-to-finish perspective, comparing the January average rate of 642.2993 to the December average rate of 655.9412, the exchange rate registered a net change of 2.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 698.3574 was down 0.52% compared to the 2016 peak of 701.9818, 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 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 631.6674, compared to 673.6538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 41.9864 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 28.3316 KRW (High: 671.0283 / Low: 642.6967). On the other end, December was the most stable month, with a tight range of 7.9053 KRW (High: 660.6600 / Low: 652.7547).
Growth Streaks & Declines
TrendsBetween March and September, 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 January and February, when the average rate fell by 20.9207 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 690.4265) against the same month in 2016 (average: 635.9733), the exchange rate shifted by +54.4532 (+8.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 651.0187 | 634.8419 | 642.2993 |
| February | 634.6205 | 610.4496 | 621.3786 |
| March | 627.9018 | 608.9291 | 619.8382 |
| April | 633.9180 | 608.0792 | 620.7122 |
| May | 644.3439 | 624.2975 | 636.5803 |
| June | 671.0283 | 642.6967 | 649.1958 |
| July | 677.7575 | 661.7124 | 668.4955 |
| August | 691.2677 | 676.8409 | 683.8616 |
| September | 698.3574 | 679.1315 | 690.4265 |
| October | 688.2552 | 665.6036 | 680.9892 |
| November | 673.3966 | 655.4206 | 662.2085 |
| December | 660.6600 | 652.7547 | 655.9412 |