YEARLY HIGH
0.9374 BGN
YEARLY LOW
0.8514 BGN
YEARLY AVERAGE
0.8843 BGN

2016 BZD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BZD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.9374. Conversely, the yearly low was recorded on May 2, dropping to 0.8514.

This high-to-low spread represents a total annual volatility of 0.0860 BGN. From a start-to-finish perspective, comparing the January average rate of 0.9022 to the December average rate of 0.9256, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9374 was up 0.64% compared to the 2015 peak of 0.9314, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BZD based on timing:

Yearly Peak High 4,687 BGN
2015 Average 4,408 BGN
Yearly Trough Low 4,257 BGN
Transaction Impact: A difference of 430.06 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9317
0.8584
JanuMarcMayJulySeptNove

BZD to BGN 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 0.8773, compared to 0.8913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.8773
H2 Avg (Jul–Dec) 0.8913

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0457 BGN (High: 0.9257 / Low: 0.8800). On the other end, September was the most stable month, with a tight range of 0.0077 BGN (High: 0.8765 / Low: 0.8688).

November Spread (Volatile) ±0.0457
September Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0192 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.9256) against the same month in 2015 (average: 0.9002), the exchange rate shifted by +0.0254 (+2.82%).

2016 Avg (December) 0.9256
2015 Avg (December) 0.9002

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9094 0.8977 0.9022
February 0.9015 0.8672 0.8830
March 0.9017 0.8625 0.8804
April 0.8732 0.8544 0.8645
May 0.8785 0.8514 0.8655
June 0.8868 0.8538 0.8684
July 0.8882 0.8747 0.8834
August 0.8829 0.8628 0.8734
September 0.8765 0.8688 0.8727
October 0.8991 0.8723 0.8867
November 0.9257 0.8800 0.9062
December 0.9374 0.9112 0.9256