2016 BGN to LTL Historical Review

YEARLY HIGH

1.7822 LTL

YEARLY LOW

1.7057 LTL

YEARLY AVERAGE

1.7461 LTL

2016 BGN to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.7822. Conversely, the yearly low was recorded on November 16, dropping to 1.7057.

This high-to-low spread represents a total annual volatility of 0.0764 LTL. From a start-to-finish perspective, comparing the January average rate of 1.7280 to the December average rate of 1.7654, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.7822 was up 0.35% compared to the 2015 peak of 1.7760, 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 8,911 LTL

2015 Average 8,578 LTL

Yearly Trough Low 8,529 LTL

Transaction Impact: A difference of 382.18 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.7691

1.7242

JanuMarcMayJulySeptNove

BGN to LTL 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 1.7443, compared to 1.7479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 1.7443

H2 Avg (Jul–Dec) 1.7479

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0620 LTL (High: 1.7677 / Low: 1.7057). On the other end, July was the most stable month, with a tight range of 0.0137 LTL (High: 1.7527 / Low: 1.7390).

November Spread (Volatile) ±0.0620

July Spread (Stable) ±0.0137

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 August and September, when the average rate fell by 0.0068 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.7654) against the same month in 2015 (average: 1.7314), the exchange rate shifted by +0.0340 (+1.96%).

2016 Avg (December) 1.7654

2015 Avg (December) 1.7314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7360	1.7087	1.7280
February	1.7638	1.7239	1.7417
March	1.7669	1.7293	1.7446
April	1.7624	1.7431	1.7531
May	1.7704	1.7326	1.7490
June	1.7709	1.7296	1.7491
July	1.7527	1.7390	1.7457
August	1.7625	1.7359	1.7496
September	1.7600	1.7357	1.7429
October	1.7436	1.7231	1.7362
November	1.7677	1.7057	1.7477
December	1.7822	1.7545	1.7654