YEARLY HIGH
0.1771 KWD
YEARLY LOW
0.1627 KWD
YEARLY AVERAGE
0.1710 KWD

2016 BGN to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.1771. Conversely, the yearly low was recorded on December 20, dropping to 0.1627.

This high-to-low spread represents a total annual volatility of 0.0144 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1689 to the December average rate of 0.1646, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1771 was down 2.26% compared to the 2015 peak of 0.1812, 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 885 KWD
2015 Average 854 KWD
Yearly Trough Low 813 KWD
Transaction Impact: A difference of 72.07 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1759
0.1636
JanuMarcMayJulySeptNove

BGN to KWD 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 0.1722, compared to 0.1699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1722
H2 Avg (Jul–Dec) 0.1699

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0084 KWD (High: 0.1754 / Low: 0.1671). On the other end, September was the most stable month, with a tight range of 0.0015 KWD (High: 0.1735 / Low: 0.1721).

March Spread (Volatile) ±0.0084
September Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.1742) against the same month in 2015 (average: 0.1724), the exchange rate shifted by +0.0018 (+1.06%).

2016 Avg (May) 0.1742
2015 Avg (May) 0.1724

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1700 0.1674 0.1689
February 0.1726 0.1676 0.1703
March 0.1754 0.1671 0.1715
April 0.1763 0.1733 0.1749
May 0.1771 0.1719 0.1742
June 0.1754 0.1704 0.1734
July 0.1725 0.1699 0.1710
August 0.1745 0.1711 0.1728
September 0.1735 0.1721 0.1727
October 0.1730 0.1683 0.1706
November 0.1722 0.1648 0.1676
December 0.1673 0.1627 0.1646