2017 BGN to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BGN to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BGN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 1471.9452. Conversely, the yearly low was recorded on January 3, dropping to 1160.5249.
This high-to-low spread represents a total annual volatility of 311.4203 TZS. From a start-to-finish perspective, comparing the January average rate of 1204.7606 to the December average rate of 1357.6800, the exchange rate registered a net change of 12.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 1471.9452 was up 14.18% compared to the 2016 peak of 1289.1338, 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 TZS 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 1234.3944, compared to 1351.0553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 116.6609 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 146.8445 TZS (High: 1471.9452 / Low: 1325.1007). On the other end, October was the most stable month, with a tight range of 27.5818 TZS (High: 1361.5154 / Low: 1333.9336).
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 16.9043 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 1359.3332) against the same month in 2016 (average: 1202.8985), the exchange rate shifted by +156.4347 (+13.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1237.8516 | 1160.5249 | 1204.7606 |
| February | 1230.5869 | 1200.0913 | 1213.1068 |
| March | 1238.0411 | 1199.0219 | 1218.4232 |
| April | 1250.9023 | 1207.8714 | 1223.3601 |
| May | 1285.5091 | 1241.1978 | 1264.0624 |
| June | 1308.5402 | 1270.7049 | 1282.6534 |
| July | 1355.2366 | 1298.6463 | 1319.3741 |
| August | 1371.8006 | 1341.2607 | 1353.3270 |
| September | 1384.8461 | 1348.1439 | 1366.7608 |
| October | 1361.5154 | 1333.9336 | 1349.8566 |
| November | 1471.9452 | 1325.1007 | 1359.3332 |
| December | 1377.7846 | 1342.4219 | 1357.6800 |