2017 BGN to TRY Historical Review

YEARLY HIGH

2.4124 TRY

YEARLY LOW

1.8948 TRY

YEARLY AVERAGE

2.1062 TRY

2017 BGN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 2.4124. Conversely, the yearly low was recorded on January 2, dropping to 1.8948.

This high-to-low spread represents a total annual volatility of 0.5177 TRY. From a start-to-finish perspective, comparing the January average rate of 2.0343 to the December average rate of 2.3246, the exchange rate registered a net change of 14.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4124 was up 25.07% compared to the 2016 peak of 1.9289, 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 12,062 TRY

2016 Average 8,548 TRY

Yearly Trough Low 9,474 TRY

Transaction Impact: A difference of 2,588.35 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3723

1.9583

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 2.0118, compared to 2.2007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1889 points.

H1 Avg (Jan–Jun) 2.0118

H2 Avg (Jul–Dec) 2.2007

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.2246 TRY (High: 2.1194 / Low: 1.8948). On the other end, April was the most stable month, with a tight range of 0.0499 TRY (High: 2.0227 / Low: 1.9728).

January Spread (Volatile) ±0.2246

April Spread (Stable) ±0.0499

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0414 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 2.3378) against the same month in 2016 (average: 1.8168), the exchange rate shifted by +0.5211 (+28.68%).

2017 Avg (November) 2.3378

2016 Avg (November) 1.8168

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1194	1.8948	2.0343
February	2.0769	1.9297	1.9928
March	2.0449	1.9713	2.0074
April	2.0227	1.9728	1.9980
May	2.0580	1.9660	2.0175
June	2.0620	2.0002	2.0207
July	2.1298	2.0562	2.0971
August	2.1527	2.0945	2.1194
September	2.1486	2.0787	2.1146
October	2.2764	2.1416	2.2109
November	2.4124	2.2653	2.3378
December	2.3879	2.3038	2.3246