YEARLY HIGH
2.6648 BGN
YEARLY LOW
2.1616 BGN
YEARLY AVERAGE
2.3945 BGN

2016 GBP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GBP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.6648. Conversely, the yearly low was recorded on October 12, dropping to 2.1616.

This high-to-low spread represents a total annual volatility of 0.5031 BGN. From a start-to-finish perspective, comparing the January average rate of 2.5931 to the December average rate of 2.3157, the exchange rate registered a net change of -10.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.6648 was down 5.35% compared to the 2015 peak of 2.8155, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,324 BGN
2015 Average 13,470 BGN
Yearly Trough Low 10,808 BGN
Transaction Impact: A difference of 2,515.57 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.6335
2.1486
JanuMarcMayJulySeptNove

GBP 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 2.5115, compared to 2.2775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2340 points.

H1 Avg (Jan–Jun) 2.5115
H2 Avg (Jul–Dec) 2.2775

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.2248 BGN (High: 2.5687 / Low: 2.3439). On the other end, December was the most stable month, with a tight range of 0.0673 BGN (High: 2.3391 / Low: 2.2718).

June Spread (Volatile) ±0.2248
December Spread (Stable) ±0.0673

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.1466 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1466

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.5931) against the same month in 2015 (average: 2.5498), the exchange rate shifted by +0.0432 (+1.70%).

2016 Avg (January) 2.5931
2015 Avg (January) 2.5498

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6648 2.5391 2.5931
February 2.5937 2.4738 2.5204
March 2.5350 2.4664 2.5053
April 2.5258 2.4171 2.4674
May 2.5770 2.4663 2.5121
June 2.5687 2.3439 2.4704
July 2.3524 2.2752 2.3238
August 2.3331 2.2545 2.2848
September 2.3394 2.2552 2.2943
October 2.2625 2.1616 2.1890
November 2.3074 2.1698 2.2572
December 2.3391 2.2718 2.3157