YEARLY HIGH
0.1852 KWD
YEARLY LOW
0.1630 KWD
YEARLY AVERAGE
0.1752 KWD

2017 BGN to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.1852. Conversely, the yearly low was recorded on January 3, dropping to 0.1630.

This high-to-low spread represents a total annual volatility of 0.0222 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1660 to the December average rate of 0.1829, the exchange rate registered a net change of 10.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1852 was up 4.60% compared to the 2016 peak of 0.1771, 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 926 KWD
2016 Average 855 KWD
Yearly Trough Low 815 KWD
Transaction Impact: A difference of 111.13 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1854
0.1643
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 0.1686, compared to 0.1818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.1686
H2 Avg (Jul–Dec) 0.1818

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0067 KWD (High: 0.1827 / Low: 0.1760). On the other end, February was the most stable month, with a tight range of 0.0035 KWD (High: 0.1682 / Low: 0.1647).

July Spread (Volatile) ±0.0067
February Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0021 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.1836) against the same month in 2016 (average: 0.1727), the exchange rate shifted by +0.0109 (+6.34%).

2017 Avg (September) 0.1836
2016 Avg (September) 0.1727

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1683 0.1630 0.1660
February 0.1682 0.1647 0.1661
March 0.1691 0.1643 0.1668
April 0.1701 0.1642 0.1668
May 0.1744 0.1690 0.1719
June 0.1774 0.1727 0.1742
July 0.1827 0.1760 0.1786
August 0.1850 0.1809 0.1825
September 0.1852 0.1813 0.1836
October 0.1834 0.1796 0.1816
November 0.1842 0.1790 0.1815
December 0.1850 0.1813 0.1829