2017 DJF to BGN Historical Review

YEARLY HIGH

0.0106 BGN

YEARLY LOW

0.0091 BGN

YEARLY AVERAGE

0.0097 BGN

2017 DJF to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DJF to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0106. Conversely, the yearly low was recorded on September 10, dropping to 0.0091.

This high-to-low spread represents a total annual volatility of 0.0015 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0092, the exchange rate registered a net change of -10.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0106 was up 0.10% compared to the 2016 peak of 0.0106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53 BGN

2016 Average 50 BGN

Yearly Trough Low 45 BGN

Transaction Impact: A difference of 7.44 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0104

0.0091

JanuMarcMayJulySeptNove

DJF 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 0.0101, compared to 0.0093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0101

H2 Avg (Jul–Dec) 0.0093

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0004 BGN (High: 0.0106 / Low: 0.0101). On the other end, December was the most stable month, with a tight range of 0.0002 BGN (High: 0.0093 / Low: 0.0091).

January Spread (Volatile) ±0.0004

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0103) against the same month in 2016 (average: 0.0101), the exchange rate shifted by +0.0002 (+1.63%).

2017 Avg (January) 0.0103

2016 Avg (January) 0.0101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0106	0.0101	0.0103
February	0.0104	0.0101	0.0103
March	0.0104	0.0101	0.0102
April	0.0103	0.0100	0.0102
May	0.0101	0.0097	0.0099
June	0.0098	0.0096	0.0097
July	0.0097	0.0093	0.0095
August	0.0094	0.0091	0.0093
September	0.0093	0.0091	0.0092
October	0.0094	0.0092	0.0093
November	0.0094	0.0092	0.0093
December	0.0093	0.0091	0.0092