YEARLY HIGH
2.3399 BGN
YEARLY LOW
2.1098 BGN
YEARLY AVERAGE
2.2328 BGN

2017 GBP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GBP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 2.3399. Conversely, the yearly low was recorded on August 28, dropping to 2.1098.

This high-to-low spread represents a total annual volatility of 0.2301 BGN. From a start-to-finish perspective, comparing the January average rate of 2.2720 to the December average rate of 2.2137, the exchange rate registered a net change of -2.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3399 was down 12.19% compared to the 2016 peak of 2.6648, 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 11,700 BGN
2016 Average 11,970 BGN
Yearly Trough Low 10,549 BGN
Transaction Impact: A difference of 1,150.69 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3250
2.1273
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 2.2742, compared to 2.1914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0828 points.

H1 Avg (Jan–Jun) 2.2742
H2 Avg (Jul–Dec) 2.1914

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.1071 BGN (High: 2.2314 / Low: 2.1243). On the other end, December was the most stable month, with a tight range of 0.0395 BGN (High: 2.2393 / Low: 2.1998).

September Spread (Volatile) ±0.1071
December Spread (Stable) ±0.0395

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0622 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0622

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 2.3086) against the same month in 2016 (average: 2.4674), the exchange rate shifted by -0.1588 (-6.44%).

2017 Avg (April) 2.3086
2016 Avg (April) 2.4674

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3068 2.2133 2.2720
February 2.3223 2.2648 2.2932
March 2.3025 2.2257 2.2578
April 2.3399 2.2797 2.3086
May 2.3269 2.2394 2.2849
June 2.2525 2.2078 2.2287
July 2.2355 2.1792 2.2060
August 2.1881 2.1098 2.1438
September 2.2314 2.1243 2.1859
October 2.2337 2.1718 2.1971
November 2.2277 2.1821 2.2019
December 2.2393 2.1998 2.2137