YEARLY HIGH
0.1178 BGN
YEARLY LOW
0.0917 BGN
YEARLY AVERAGE
0.0974 BGN

2017 EGP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.1178. Conversely, the yearly low was recorded on December 30, dropping to 0.0917.

This high-to-low spread represents a total annual volatility of 0.0261 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0988 to the December average rate of 0.0927, the exchange rate registered a net change of -6.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1178 was down 49.20% compared to the 2016 peak of 0.2319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 589 BGN
2016 Average 943 BGN
Yearly Trough Low 458 BGN
Transaction Impact: A difference of 130.68 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1104
0.0911
JanuMarcMayJulySeptNove

EGP 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 0.1011, compared to 0.0937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.1011
H2 Avg (Jul–Dec) 0.0937

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0214 BGN (High: 0.1178 / Low: 0.0964). On the other end, August was the most stable month, with a tight range of 0.0016 BGN (High: 0.0939 / Low: 0.0923).

February Spread (Volatile) ±0.0214
August Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0048 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.1088) against the same month in 2016 (average: 0.2249), the exchange rate shifted by -0.1162 (-51.65%).

2017 Avg (February) 0.1088
2016 Avg (February) 0.2249

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1033 0.0956 0.0988
February 0.1178 0.0964 0.1088
March 0.1149 0.0988 0.1039
April 0.1026 0.0990 0.1011
May 0.0997 0.0961 0.0978
June 0.0975 0.0943 0.0962
July 0.0965 0.0923 0.0947
August 0.0939 0.0923 0.0932
September 0.0943 0.0919 0.0930
October 0.0954 0.0936 0.0943
November 0.0957 0.0926 0.0943
December 0.0935 0.0917 0.0927