2017 BGN to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 63.4804. Conversely, the yearly low was recorded on December 28, dropping to 60.3893.
This high-to-low spread represents a total annual volatility of 3.0911 RSD. From a start-to-finish perspective, comparing the January average rate of 63.2660 to the December average rate of 60.8210, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 63.4804 was up 0.15% compared to the 2016 peak of 63.3822, 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 RSD 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 63.0543, compared to 61.0220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0323 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 1.1339 RSD (High: 62.7552 / Low: 61.6213). On the other end, February was the most stable month, with a tight range of 0.1915 RSD (High: 63.4720 / Low: 63.2805).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8005 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 63.2660) against the same month in 2016 (average: 62.6791), the exchange rate shifted by +0.5870 (+0.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 63.4804 | 63.0514 | 63.2660 |
| February | 63.4720 | 63.2805 | 63.3628 |
| March | 63.4546 | 62.9934 | 63.3208 |
| April | 63.3863 | 62.8748 | 63.1777 |
| May | 62.9980 | 62.5637 | 62.8659 |
| June | 62.7552 | 61.6213 | 62.3325 |
| July | 61.7424 | 61.3683 | 61.5320 |
| August | 61.5430 | 60.8105 | 61.1013 |
| September | 61.1366 | 60.7885 | 60.9740 |
| October | 61.1547 | 60.8327 | 60.9618 |
| November | 61.0945 | 60.5065 | 60.7421 |
| December | 61.2049 | 60.3893 | 60.8210 |