YEARLY HIGH
1.9670 BGN
YEARLY LOW
1.9353 BGN
YEARLY AVERAGE
1.9559 BGN

2016 EUR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EUR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 1.9670. Conversely, the yearly low was recorded on December 4, dropping to 1.9353.

This high-to-low spread represents a total annual volatility of 0.0318 BGN. From a start-to-finish perspective, comparing the January average rate of 1.9559 to the December average rate of 1.9553, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9670 was down 0.00% compared to the 2015 peak of 1.9671, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,835 BGN
2015 Average 9,778 BGN
Yearly Trough Low 9,676 BGN
Transaction Impact: A difference of 158.96 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.9571
1.9550
JanuMarcMayJulySeptNove

EUR 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 1.9561, compared to 1.9556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 1.9561
H2 Avg (Jul–Dec) 1.9556

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0313 BGN (High: 1.9666 / Low: 1.9353). On the other end, March was the most stable month, with a tight range of 0.0086 BGN (High: 1.9624 / Low: 1.9538).

December Spread (Volatile) ±0.0313
March Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between January and March, 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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 1.9551) against the same month in 2015 (average: 1.9558), the exchange rate shifted by -0.0006 (-0.03%).

2016 Avg (November) 1.9551
2015 Avg (November) 1.9558

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9621 1.9521 1.9559
February 1.9636 1.9523 1.9563
March 1.9624 1.9538 1.9569
April 1.9607 1.9520 1.9561
May 1.9587 1.9489 1.9553
June 1.9641 1.9492 1.9562
July 1.9617 1.9490 1.9556
August 1.9596 1.9505 1.9555
September 1.9612 1.9512 1.9563
October 1.9613 1.9515 1.9560
November 1.9670 1.9479 1.9551
December 1.9666 1.9353 1.9553