YEARLY HIGH
0.0028 BGN
YEARLY LOW
0.0024 BGN
YEARLY AVERAGE
0.0026 BGN

2016 CLP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CLP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0028. Conversely, the yearly low was recorded on February 11, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0004 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0028, the exchange rate registered a net change of 11.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0028 was down 5.29% compared to the 2015 peak of 0.0030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 2,836 BGN
2015 Average 2,702 BGN
Yearly Trough Low 2,425 BGN
Transaction Impact: A difference of 410.75 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0028
0.0025
JanuMarcMayJulySeptNove

CLP 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 0.0025, compared to 0.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0002 BGN (High: 0.0026 / Low: 0.0024). On the other end, November was the most stable month, with a tight range of 0.0001 BGN (High: 0.0027 / Low: 0.0027).

February Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0028) against the same month in 2015 (average: 0.0026), the exchange rate shifted by +0.0002 (+9.12%).

2016 Avg (December) 0.0028
2015 Avg (December) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0024 0.0025
February 0.0026 0.0024 0.0025
March 0.0026 0.0026 0.0026
April 0.0026 0.0025 0.0026
May 0.0026 0.0025 0.0025
June 0.0027 0.0025 0.0026
July 0.0027 0.0027 0.0027
August 0.0027 0.0026 0.0026
September 0.0027 0.0026 0.0026
October 0.0028 0.0026 0.0027
November 0.0027 0.0027 0.0027
December 0.0028 0.0027 0.0028