2017 BGN to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 31.3547. Conversely, the yearly low was recorded on January 3, dropping to 26.4842.
This high-to-low spread represents a total annual volatility of 4.8705 PHP. From a start-to-finish perspective, comparing the January average rate of 27.0362 to the December average rate of 30.4524, the exchange rate registered a net change of 12.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 31.3547 was up 12.97% compared to the 2016 peak of 27.7553, 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 PHP 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 27.6299, compared to 30.5993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9694 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 1.2297 PHP (High: 29.5642 / Low: 28.3345). On the other end, February was the most stable month, with a tight range of 0.4577 PHP (High: 27.4324 / Low: 26.9747).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 0.2936 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 31.0578) against the same month in 2016 (average: 27.2396), the exchange rate shifted by +3.8182 (+14.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.4512 | 26.4842 | 27.0362 |
| February | 27.4324 | 26.9747 | 27.2017 |
| March | 27.8391 | 27.0346 | 27.4550 |
| April | 27.9704 | 26.7666 | 27.2801 |
| May | 28.6417 | 27.7129 | 28.1782 |
| June | 29.5642 | 28.3345 | 28.6279 |
| July | 30.5422 | 29.3387 | 29.8516 |
| August | 31.2819 | 30.2728 | 30.7962 |
| September | 31.3547 | 30.6420 | 31.0578 |
| October | 31.2390 | 30.5559 | 30.8656 |
| November | 30.8934 | 30.3621 | 30.5719 |
| December | 30.7621 | 30.2746 | 30.4524 |