2017 BGN to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 1514.3844. Conversely, the yearly low was recorded on April 17, dropping to 1300.6468.
This high-to-low spread represents a total annual volatility of 213.7376 MNT. From a start-to-finish perspective, comparing the January average rate of 1350.0267 to the December average rate of 1472.2933, the exchange rate registered a net change of 9.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 1514.3844 was up 10.92% compared to the 2016 peak of 1365.2544, 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 MNT 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 1347.0555, compared to 1465.6261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 118.5707 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 111.9414 MNT (High: 1475.3860 / Low: 1363.4446). On the other end, February was the most stable month, with a tight range of 26.5733 MNT (High: 1359.0327 / Low: 1332.4594).
Growth Streaks & Declines
TrendsBetween June and September, 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 March and April, when the average rate fell by 18.5943 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 1490.5319) against the same month in 2016 (average: 1282.0090), the exchange rate shifted by +208.5229 (+16.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1366.6712 | 1323.7449 | 1350.0267 |
| February | 1359.0327 | 1332.4594 | 1344.8574 |
| March | 1362.4823 | 1326.2809 | 1342.3699 |
| April | 1351.0866 | 1300.6468 | 1323.7757 |
| May | 1387.1811 | 1337.3777 | 1362.5011 |
| June | 1378.6011 | 1339.9920 | 1358.8021 |
| July | 1475.3860 | 1363.4446 | 1413.0006 |
| August | 1490.7281 | 1462.0264 | 1473.9236 |
| September | 1514.3844 | 1470.7785 | 1490.5319 |
| October | 1488.5161 | 1454.8787 | 1474.2858 |
| November | 1489.9371 | 1451.9552 | 1469.7216 |
| December | 1487.7019 | 1460.8961 | 1472.2933 |