YEARLY HIGH
12.0773 MXN
YEARLY LOW
10.0356 MXN
YEARLY AVERAGE
10.9103 MXN

2017 BGN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.0773. Conversely, the yearly low was recorded on April 17, dropping to 10.0356.

This high-to-low spread represents a total annual volatility of 2.0417 MXN. From a start-to-finish perspective, comparing the January average rate of 11.6011 to the December average rate of 11.6432, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 12.0773 was up 4.40% compared to the 2016 peak of 11.5687, 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 60,386 MXN
2016 Average 52,827 MXN
Yearly Trough Low 50,178 MXN
Transaction Impact: A difference of 10,208.26 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.7816
10.1208
JanuMarcMayJulySeptNove

BGN to MXN 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 10.7447, compared to 11.0759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3312 points.

H1 Avg (Jan–Jun) 10.7447
H2 Avg (Jul–Dec) 11.0759

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.8668 MXN (High: 11.9600 / Low: 11.0932). On the other end, September was the most stable month, with a tight range of 0.2274 MXN (High: 11.0023 / Low: 10.7749).

January Spread (Volatile) ±0.8668
September Spread (Stable) ±0.2274

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5668 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.5668

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 11.6432) against the same month in 2016 (average: 11.0599), the exchange rate shifted by +0.5834 (+5.27%).

2017 Avg (December) 11.6432
2016 Avg (December) 11.0599

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.9600 11.0932 11.6011
February 11.4016 10.6430 11.0344
March 10.7530 10.1981 10.5314
April 10.6882 10.0356 10.2592
May 10.8072 10.4362 10.6161
June 10.8033 10.2343 10.4263
July 10.7769 10.2998 10.5115
August 10.9834 10.6076 10.7569
September 11.0023 10.7749 10.8630
October 11.5706 10.9358 11.3164
November 11.5793 11.2316 11.3647
December 12.0773 11.2995 11.6432