2017 BGN to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |