2017 BGN to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 20.4113. Conversely, the yearly low was recorded on April 17, dropping to 18.5998.
This high-to-low spread represents a total annual volatility of 1.8115 THB. From a start-to-finish perspective, comparing the January average rate of 19.2711 to the December average rate of 19.7604, the exchange rate registered a net change of 2.54% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 20.4113 was down 1.14% compared to the 2016 peak of 20.6476, 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 THB 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 19.2105, compared to 19.9459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7354 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 0.7357 THB (High: 19.3355 / Low: 18.5998). On the other end, January was the most stable month, with a tight range of 0.2919 THB (High: 19.4032 / Low: 19.1113).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2405 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 20.2045) against the same month in 2016 (average: 19.8994), the exchange rate shifted by +0.3051 (+1.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.4032 | 19.1113 | 19.2711 |
| February | 19.3422 | 18.8400 | 19.0495 |
| March | 19.3167 | 18.7106 | 19.0684 |
| April | 19.3355 | 18.5998 | 18.8742 |
| May | 19.7321 | 19.2220 | 19.4791 |
| June | 19.8899 | 19.3473 | 19.5207 |
| July | 20.1494 | 19.7399 | 19.8842 |
| August | 20.3517 | 19.9356 | 20.0974 |
| September | 20.4113 | 19.9904 | 20.2045 |
| October | 20.1183 | 19.7222 | 19.9641 |
| November | 19.9343 | 19.6194 | 19.7645 |
| December | 19.9708 | 19.5474 | 19.7604 |