2016 BGN to UAH Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BGN to UAH Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BGN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 15.3637. Conversely, the yearly low was recorded on January 12, dropping to 12.9145.
This high-to-low spread represents a total annual volatility of 2.4492 UAH. From a start-to-finish perspective, comparing the January average rate of 13.5088 to the December average rate of 14.1592, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 15.3637 was down 7.10% compared to the 2015 peak of 16.5381, 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 2016.
BGN to UAH 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 14.5332, compared to 14.3920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1412 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 1.3156 UAH (High: 14.2301 / Low: 12.9145). On the other end, July was the most stable month, with a tight range of 0.2208 UAH (High: 14.1569 / Low: 13.9361).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5306 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2016: 15.0400) against the same month in 2015 (average: 12.5281), the exchange rate shifted by +2.5119 (+20.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.2301 | 12.9145 | 13.5088 |
| February | 15.3511 | 14.2276 | 15.0294 |
| March | 15.3433 | 14.4310 | 14.9423 |
| April | 15.2199 | 14.5514 | 14.8184 |
| May | 14.8064 | 14.2926 | 14.5695 |
| June | 14.5248 | 14.0169 | 14.3306 |
| July | 14.1569 | 13.9361 | 14.0492 |
| August | 14.8797 | 14.0688 | 14.4030 |
| September | 15.3637 | 14.7266 | 15.0400 |
| October | 14.8599 | 14.2503 | 14.5094 |
| November | 14.5370 | 13.8327 | 14.1913 |
| December | 14.6693 | 13.9367 | 14.1592 |