YEARLY HIGH
0.6159 USD
YEARLY LOW
0.5322 USD
YEARLY AVERAGE
0.5777 USD

2017 BGN to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.6159. Conversely, the yearly low was recorded on January 3, dropping to 0.5322.

This high-to-low spread represents a total annual volatility of 0.0837 USD. From a start-to-finish perspective, comparing the January average rate of 0.5435 to the December average rate of 0.6056, the exchange rate registered a net change of 11.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6159 was up 4.66% compared to the 2016 peak of 0.5885, 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 3,080 USD
2016 Average 2,830 USD
Yearly Trough Low 2,661 USD
Transaction Impact: A difference of 418.56 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6159
0.5369
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 0.5536, compared to 0.6017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0481 points.

H1 Avg (Jan–Jun) 0.5536
H2 Avg (Jul–Dec) 0.6017

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0250 USD (High: 0.6053 / Low: 0.5802). On the other end, February was the most stable month, with a tight range of 0.0121 USD (High: 0.5513 / Low: 0.5391).

July Spread (Volatile) ±0.0250
February Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between 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 0.0085 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.6093) against the same month in 2016 (average: 0.5730), the exchange rate shifted by +0.0363 (+6.33%).

2017 Avg (September) 0.6093
2016 Avg (September) 0.5730

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5519 0.5322 0.5435
February 0.5513 0.5391 0.5442
March 0.5554 0.5374 0.5467
April 0.5588 0.5414 0.5476
May 0.5746 0.5553 0.5656
June 0.5849 0.5693 0.5742
July 0.6053 0.5802 0.5898
August 0.6127 0.5993 0.6044
September 0.6159 0.6004 0.6093
October 0.6065 0.5935 0.6008
November 0.6100 0.5922 0.6005
December 0.6138 0.5998 0.6056