YEARLY HIGH
317.4592 SYP
YEARLY LOW
113.5181 SYP
YEARLY AVERAGE
195.1043 SYP

2017 BGN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 317.4592. Conversely, the yearly low was recorded on January 3, dropping to 113.5181.

This high-to-low spread represents a total annual volatility of 203.9411 SYP. From a start-to-finish perspective, comparing the January average rate of 116.3212 to the December average rate of 311.8682, the exchange rate registered a net change of 168.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 317.4592 was up 145.70% compared to the 2016 peak of 129.2080, 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 1,587,296 SYP
2016 Average 614,075 SYP
Yearly Trough Low 567,591 SYP
Transaction Impact: A difference of 1,019,705.53 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

333.5422
96.5738
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 118.6329, compared to 271.5758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 152.9429 points.

H1 Avg (Jan–Jun) 118.6329
H2 Avg (Jul–Dec) 271.5758

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 186.3602 SYP (High: 315.5426 / Low: 129.1824). On the other end, February was the most stable month, with a tight range of 2.5893 SYP (High: 118.1558 / Low: 115.5666).

August Spread (Volatile) ±186.3602
February Spread (Stable) ±2.5893

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 4.3831 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -4.3831

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 313.7948) against the same month in 2016 (average: 122.7656), the exchange rate shifted by +191.0293 (+155.60%).

2017 Avg (September) 313.7948
2016 Avg (September) 122.7656

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 118.2976 113.5181 116.3212
February 118.1558 115.5666 116.6378
March 119.0284 115.2321 117.1693
April 119.7797 116.0420 117.3486
May 123.1556 119.0347 121.2348
June 125.3733 122.0347 123.0854
July 129.9680 124.3716 126.4659
August 315.5426 129.1824 258.6528
September 317.4592 309.2211 313.7948
October 312.3025 305.6580 309.4117
November 314.2032 304.9841 309.2615
December 316.0834 308.8970 311.8682