YEARLY HIGH
1.7787 LTL
YEARLY LOW
0.5396 LTL
YEARLY AVERAGE
0.8119 LTL

2017 BGN to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.7787. Conversely, the yearly low was recorded on January 10, dropping to 0.5396.

This high-to-low spread represents a total annual volatility of 1.2391 LTL. From a start-to-finish perspective, comparing the January average rate of 1.4903 to the December average rate of 0.6056, the exchange rate registered a net change of -59.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.7787 was down 0.20% compared to the 2016 peak of 1.7822, 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 8,893 LTL
2016 Average 8,730 LTL
Yearly Trough Low 2,698 LTL
Transaction Impact: A difference of 6,195.31 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.8852
0.4456
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 1.0221, compared to 0.6017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4203 points.

H1 Avg (Jan–Jun) 1.0221
H2 Avg (Jul–Dec) 0.6017

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 1.2391 LTL (High: 1.7787 / Low: 0.5396). On the other end, October was the most stable month, with a tight range of 0.0129 LTL (High: 0.6065 / Low: 0.5935).

January Spread (Volatile) ±1.2391
October Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.0965 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.0965

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.4903) against the same month in 2016 (average: 1.7280), the exchange rate shifted by -0.2377 (-13.75%).

2017 Avg (January) 1.4903
2016 Avg (January) 1.7280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7787 0.5396 1.4903
February 1.7690 0.5408 1.0683
March 1.7774 1.7562 1.7653
April 1.7581 0.5414 0.6687
May 0.5746 0.5553 0.5656
June 0.5849 0.5693 0.5742
July 0.6053 0.5802 0.5898
August 0.6127 0.5993 0.6044
September 0.6159 0.6004 0.6093
October 0.6065 0.5935 0.6008
November 0.6100 0.5922 0.6005
December 0.6138 0.5998 0.6056