YEARLY HIGH
0.5885 USD
YEARLY LOW
0.5314 USD
YEARLY AVERAGE
0.5660 USD

2016 BGN to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.5885. Conversely, the yearly low was recorded on December 20, dropping to 0.5314.

This high-to-low spread represents a total annual volatility of 0.0571 USD. From a start-to-finish perspective, comparing the January average rate of 0.5555 to the December average rate of 0.5388, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5885 was down 4.76% compared to the 2015 peak of 0.6179, 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 2,943 USD
2015 Average 2,838 USD
Yearly Trough Low 2,657 USD
Transaction Impact: A difference of 285.68 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5838
0.5347
JanuMarcMayJulySeptNove

BGN to USD 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 0.5708, compared to 0.5611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.5708
H2 Avg (Jul–Dec) 0.5611

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0285 USD (High: 0.5687 / Low: 0.5402). On the other end, September was the most stable month, with a tight range of 0.0055 USD (High: 0.5761 / Low: 0.5706).

November Spread (Volatile) ±0.0285
September Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0130 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.5776) against the same month in 2015 (average: 0.5708), the exchange rate shifted by +0.0069 (+1.20%).

2016 Avg (May) 0.5776
2015 Avg (May) 0.5708

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5587 0.5508 0.5555
February 0.5783 0.5562 0.5678
March 0.5812 0.5558 0.5694
April 0.5846 0.5742 0.5797
May 0.5885 0.5685 0.5776
June 0.5823 0.5641 0.5749
July 0.5708 0.5617 0.5660
August 0.5791 0.5668 0.5729
September 0.5761 0.5706 0.5730
October 0.5739 0.5563 0.5642
November 0.5687 0.5402 0.5518
December 0.5485 0.5314 0.5388