YEARLY HIGH
2.3098 SAR
YEARLY LOW
1.9964 SAR
YEARLY AVERAGE
2.1665 SAR

2017 BGN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 2.3098. Conversely, the yearly low was recorded on January 3, dropping to 1.9964.

This high-to-low spread represents a total annual volatility of 0.3134 SAR. From a start-to-finish perspective, comparing the January average rate of 2.0383 to the December average rate of 2.2710, the exchange rate registered a net change of 11.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3098 was up 4.64% compared to the 2016 peak of 2.2074, 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 11,549 SAR
2016 Average 10,613 SAR
Yearly Trough Low 9,982 SAR
Transaction Impact: A difference of 1,567.16 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3096
2.0137
JanuMarcMayJulySeptNove

BGN to SAR 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 2.0763, compared to 2.2566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1803 points.

H1 Avg (Jan–Jun) 2.0763
H2 Avg (Jul–Dec) 2.2566

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0941 SAR (High: 2.2700 / Low: 2.1759). On the other end, February was the most stable month, with a tight range of 0.0455 SAR (High: 2.0675 / Low: 2.0221).

July Spread (Volatile) ±0.0941
February Spread (Stable) ±0.0455

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0317 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 2.2849) against the same month in 2016 (average: 2.1493), the exchange rate shifted by +0.1356 (+6.31%).

2017 Avg (September) 2.2849
2016 Avg (September) 2.1493

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0700 1.9964 2.0383
February 2.0675 2.0221 2.0408
March 2.0828 2.0153 2.0501
April 2.0956 2.0318 2.0539
May 2.1550 2.0828 2.1211
June 2.1934 2.1351 2.1536
July 2.2700 2.1759 2.2119
August 2.2978 2.2472 2.2666
September 2.3098 2.2520 2.2849
October 2.2743 2.2258 2.2532
November 2.2876 2.2216 2.2521
December 2.3018 2.2495 2.2710