YEARLY HIGH
0.2522 BGN
YEARLY LOW
0.2196 BGN
YEARLY AVERAGE
0.2325 BGN

2016 GTQ to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GTQ to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.2522. Conversely, the yearly low was recorded on May 2, dropping to 0.2196.

This high-to-low spread represents a total annual volatility of 0.0326 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2353 to the December average rate of 0.2473, the exchange rate registered a net change of 5.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2522 was up 3.26% compared to the 2015 peak of 0.2443, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,261 BGN
2015 Average 1,151 BGN
Yearly Trough Low 1,098 BGN
Transaction Impact: A difference of 163.06 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2497
0.2207
JanuMarcMayJulySeptNove

GTQ 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 0.2283, compared to 0.2368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.2283
H2 Avg (Jul–Dec) 0.2368

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0121 BGN (High: 0.2465 / Low: 0.2344). On the other end, September was the most stable month, with a tight range of 0.0027 BGN (High: 0.2330 / Low: 0.2303).

November Spread (Volatile) ±0.0121
September Spread (Stable) ±0.0027

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 January and February, when the average rate fell by 0.0054 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.2473) against the same month in 2015 (average: 0.2358), the exchange rate shifted by +0.0115 (+4.86%).

2016 Avg (December) 0.2473
2015 Avg (December) 0.2358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2372 0.2332 0.2353
February 0.2345 0.2260 0.2299
March 0.2341 0.2229 0.2277
April 0.2250 0.2211 0.2231
May 0.2306 0.2196 0.2261
June 0.2324 0.2246 0.2276
July 0.2347 0.2299 0.2322
August 0.2337 0.2292 0.2316
September 0.2330 0.2303 0.2318
October 0.2398 0.2318 0.2364
November 0.2465 0.2344 0.2414
December 0.2522 0.2423 0.2473