2017 BGN to RON Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to RON Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.3858. Conversely, the yearly low was recorded on January 11, dropping to 2.2939.
This high-to-low spread represents a total annual volatility of 0.0919 RON. From a start-to-finish perspective, comparing the January average rate of 2.3023 to the December average rate of 2.3712, the exchange rate registered a net change of 3.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 2.3858 was up 2.54% compared to the 2016 peak of 2.3267, 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 RON 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 2.3197, compared to 2.3527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0329 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 0.0358 RON (High: 2.3622 / Low: 2.3264). On the other end, September was the most stable month, with a tight range of 0.0144 RON (High: 2.3593 / Low: 2.3449).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0088 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 2.3712) against the same month in 2016 (average: 2.3097), the exchange rate shifted by +0.0615 (+2.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.3218 | 2.2939 | 2.3023 |
| February | 2.3212 | 2.2965 | 2.3082 |
| March | 2.3336 | 2.3066 | 2.3249 |
| April | 2.3321 | 2.3042 | 2.3161 |
| May | 2.3374 | 2.3198 | 2.3287 |
| June | 2.3516 | 2.3274 | 2.3383 |
| July | 2.3463 | 2.3313 | 2.3361 |
| August | 2.3622 | 2.3264 | 2.3424 |
| September | 2.3593 | 2.3449 | 2.3513 |
| October | 2.3574 | 2.3364 | 2.3465 |
| November | 2.3790 | 2.3468 | 2.3684 |
| December | 2.3858 | 2.3598 | 2.3712 |