YEARLY HIGH
2.0259 PEN
YEARLY LOW
1.7489 PEN
YEARLY AVERAGE
1.8830 PEN

2017 BGN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 2.0259. Conversely, the yearly low was recorded on February 21, dropping to 1.7489.

This high-to-low spread represents a total annual volatility of 0.2771 PEN. From a start-to-finish perspective, comparing the January average rate of 1.8143 to the December average rate of 1.9649, the exchange rate registered a net change of 8.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0259 was down 0.14% compared to the 2016 peak of 2.0289, 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 10,130 PEN
2016 Average 9,546 PEN
Yearly Trough Low 8,744 PEN
Transaction Impact: A difference of 1,385.34 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.9982
1.7527
JanuMarcMayJulySeptNove

BGN to PEN 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 1.8127, compared to 1.9533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1405 points.

H1 Avg (Jan–Jun) 1.8127
H2 Avg (Jul–Dec) 1.9533

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1061 PEN (High: 2.0259 / Low: 1.9198). On the other end, September was the most stable month, with a tight range of 0.0344 PEN (High: 1.9970 / Low: 1.9626).

November Spread (Volatile) ±0.1061
September Spread (Stable) ±0.0344

Growth Streaks & Declines

Trends

Between April and September, 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 January and February, when the average rate fell by 0.0411 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.9492) against the same month in 2016 (average: 1.8766), the exchange rate shifted by +0.0726 (+3.87%).

2017 Avg (November) 1.9492
2016 Avg (November) 1.8766

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8366 1.7946 1.8143
February 1.8003 1.7489 1.7731
March 1.8019 1.7609 1.7836
April 1.8148 1.7595 1.7796
May 1.8800 1.8072 1.8507
June 1.9019 1.8577 1.8751
July 1.9606 1.8898 1.9151
August 1.9812 1.9432 1.9589
September 1.9970 1.9626 1.9777
October 1.9763 1.9262 1.9537
November 2.0259 1.9198 1.9492
December 1.9887 1.9402 1.9649