YEARLY HIGH
2.3858 RON
YEARLY LOW
2.2939 RON
YEARLY AVERAGE
2.3362 RON

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 11,929 RON
2016 Average 11,480 RON
Yearly Trough Low 11,469 RON
Transaction Impact: A difference of 459.43 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3781
2.2954
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2.3197
H2 Avg (Jul–Dec) 2.3527

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±0.0358
September Spread (Stable) ±0.0144

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (December) 2.3712
2016 Avg (December) 2.3097

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