2017 BGN to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 77.0175. Conversely, the yearly low was recorded on January 3, dropping to 48.5632.
This high-to-low spread represents a total annual volatility of 28.4543 LRD. From a start-to-finish perspective, comparing the January average rate of 50.8990 to the December average rate of 75.9980, the exchange rate registered a net change of 49.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 77.0175 was up 40.36% compared to the 2016 peak of 54.8731, 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 LRD 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 52.0505, compared to 69.1529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.1024 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 16.1518 LRD (High: 70.4788 / Low: 54.3270). On the other end, February was the most stable month, with a tight range of 1.1379 LRD (High: 51.8158 / Low: 50.6780).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1271 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 75.9980) against the same month in 2016 (average: 49.5396), the exchange rate shifted by +26.4584 (+53.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 52.1538 | 48.5632 | 50.8990 |
| February | 51.8158 | 50.6780 | 51.2688 |
| March | 52.7615 | 50.5023 | 51.3676 |
| April | 52.8072 | 50.9629 | 51.5874 |
| May | 54.2868 | 51.6734 | 53.2446 |
| June | 54.7292 | 53.1523 | 53.9357 |
| July | 56.0489 | 53.5315 | 54.6892 |
| August | 70.4788 | 54.3270 | 67.9101 |
| September | 72.0707 | 69.7766 | 71.2278 |
| October | 71.7864 | 70.5281 | 71.1007 |
| November | 76.3316 | 70.7911 | 73.9918 |
| December | 77.0175 | 75.2582 | 75.9980 |