YEARLY HIGH
0.8902 NZD
YEARLY LOW
0.7478 NZD
YEARLY AVERAGE
0.8128 NZD

2017 BGN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.8902. Conversely, the yearly low was recorded on February 23, dropping to 0.7478.

This high-to-low spread represents a total annual volatility of 0.1424 NZD. From a start-to-finish perspective, comparing the January average rate of 0.7632 to the December average rate of 0.8693, the exchange rate registered a net change of 13.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8902 was up 2.14% compared to the 2016 peak of 0.8716, 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 4,451 NZD
2016 Average 4,063 NZD
Yearly Trough Low 3,739 NZD
Transaction Impact: A difference of 712.04 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8839
0.7419
JanuMarcMayJulySeptNove

BGN to NZD 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 0.7820, compared to 0.8437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0617 points.

H1 Avg (Jan–Jun) 0.7820
H2 Avg (Jul–Dec) 0.8437

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0451 NZD (High: 0.8774 / Low: 0.8323). On the other end, February was the most stable month, with a tight range of 0.0107 NZD (High: 0.7585 / Low: 0.7478).

October Spread (Volatile) ±0.0451
February Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0194 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.8721) against the same month in 2016 (average: 0.7725), the exchange rate shifted by +0.0996 (+12.90%).

2017 Avg (November) 0.8721
2016 Avg (November) 0.7725

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7757 0.7507 0.7632
February 0.7585 0.7478 0.7538
March 0.7896 0.7586 0.7806
April 0.8114 0.7735 0.7852
May 0.8274 0.8028 0.8143
June 0.8117 0.7844 0.7948
July 0.8117 0.7957 0.8003
August 0.8463 0.8119 0.8272
September 0.8511 0.8299 0.8404
October 0.8774 0.8323 0.8529
November 0.8902 0.8530 0.8721
December 0.8873 0.8588 0.8693