2017 BGN to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 18.9055. Conversely, the yearly low was recorded on January 3, dropping to 15.6606.
This high-to-low spread represents a total annual volatility of 3.2449 NIO. From a start-to-finish perspective, comparing the January average rate of 15.9803 to the December average rate of 18.6685, the exchange rate registered a net change of 16.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 18.9055 was up 12.68% compared to the 2016 peak of 16.7782, 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 NIO 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 16.3874, compared to 18.2803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8929 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 0.8034 NIO (High: 18.1406 / Low: 17.3372). On the other end, October was the most stable month, with a tight range of 0.3838 NIO (High: 18.5862 / Low: 18.2024).
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 0.1443 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 18.6685) against the same month in 2016 (average: 15.7852), the exchange rate shifted by +2.8833 (+18.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.2230 | 15.6606 | 15.9803 |
| February | 16.2839 | 15.8750 | 16.0585 |
| March | 16.4275 | 15.9114 | 16.1613 |
| April | 16.5484 | 16.0309 | 16.2171 |
| May | 17.0946 | 16.4902 | 16.8138 |
| June | 17.4464 | 16.8558 | 17.0936 |
| July | 18.1406 | 17.3372 | 17.6754 |
| August | 18.3666 | 17.8640 | 18.0781 |
| September | 18.8911 | 18.1590 | 18.4719 |
| October | 18.5862 | 18.2024 | 18.3276 |
| November | 18.7659 | 18.1890 | 18.4603 |
| December | 18.9055 | 18.4784 | 18.6685 |