YEARLY HIGH
129.2080 SYP
YEARLY LOW
113.3435 SYP
YEARLY AVERAGE
122.8328 SYP

2016 BGN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 129.2080. Conversely, the yearly low was recorded on December 20, dropping to 113.3435.

This high-to-low spread represents a total annual volatility of 15.8645 SYP. From a start-to-finish perspective, comparing the January average rate of 122.2233 to the December average rate of 115.0578, the exchange rate registered a net change of -5.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 129.2080 was up 4.10% compared to the 2015 peak of 124.1222, 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 646,040 SYP
2015 Average 552,166 SYP
Yearly Trough Low 566,718 SYP
Transaction Impact: A difference of 79,322.66 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

128.4904
113.8367
JanuMarcMayJulySeptNove

BGN to SYP 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 125.3376, compared to 120.3280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0096 points.

H1 Avg (Jan–Jun) 125.3376
H2 Avg (Jul–Dec) 120.3280

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 6.5000 SYP (High: 121.9755 / Low: 115.4755). On the other end, September was the most stable month, with a tight range of 1.2980 SYP (High: 123.4859 / Low: 122.1879).

November Spread (Volatile) ±6.5000
September Spread (Stable) ±1.2980

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 3.6130 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.6130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 126.7466) against the same month in 2015 (average: 107.8087), the exchange rate shifted by +18.9378 (+17.57%).

2016 Avg (May) 126.7466
2015 Avg (May) 107.8087

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 122.8627 121.3071 122.2233
February 127.0787 122.2929 124.8005
March 127.6392 122.1856 125.1159
April 128.3347 126.0377 127.2692
May 129.2080 124.6682 126.7466
June 127.6165 122.8901 125.8704
July 123.3568 121.1188 122.2574
August 124.4582 121.9325 123.1379
September 123.4859 122.1879 122.7656
October 122.8110 119.0465 120.7338
November 121.9755 115.4755 118.0157
December 117.2601 113.3435 115.0578