YEARLY HIGH
1.9289 TRY
YEARLY LOW
1.6195 TRY
YEARLY AVERAGE
1.7095 TRY

2016 BGN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 1.9289. Conversely, the yearly low was recorded on January 3, dropping to 1.6195.

This high-to-low spread represents a total annual volatility of 0.3093 TRY. From a start-to-finish perspective, comparing the January average rate of 1.6674 to the December average rate of 1.8874, the exchange rate registered a net change of 13.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9289 was up 9.08% compared to the 2015 peak of 1.7683, 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 9,644 TRY
2015 Average 7,728 TRY
Yearly Trough Low 8,098 TRY
Transaction Impact: A difference of 1,546.74 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.9121
1.6160
JanuMarcMayJulySeptNove

BGN to TRY 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 1.6665, compared to 1.7525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0859 points.

H1 Avg (Jan–Jun) 1.6665
H2 Avg (Jul–Dec) 1.7525

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1140 TRY (High: 1.8697 / Low: 1.7557). On the other end, March was the most stable month, with a tight range of 0.0236 TRY (High: 1.6526 / Low: 1.6290).

November Spread (Volatile) ±0.1140
March Spread (Stable) ±0.0236

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0313 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.8874) against the same month in 2015 (average: 1.6281), the exchange rate shifted by +0.2593 (+15.93%).

2016 Avg (December) 1.8874
2015 Avg (December) 1.6281

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7020 1.6195 1.6674
February 1.6953 1.6402 1.6720
March 1.6526 1.6290 1.6407
April 1.6625 1.6287 1.6438
May 1.7227 1.6363 1.6995
June 1.6883 1.6360 1.6758
July 1.7308 1.6341 1.6811
August 1.7185 1.6829 1.6962
September 1.7195 1.6797 1.7004
October 1.7492 1.7098 1.7329
November 1.8697 1.7557 1.8168
December 1.9289 1.8696 1.8874