YEARLY HIGH
0.2423 BGN
YEARLY LOW
0.2190 BGN
YEARLY AVERAGE
0.2277 BGN

2016 HKD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.2423. Conversely, the yearly low was recorded on May 2, dropping to 0.2190.

This high-to-low spread represents a total annual volatility of 0.0233 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2314 to the December average rate of 0.2392, the exchange rate registered a net change of 3.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2423 was up 1.00% compared to the 2015 peak of 0.2399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 6,059 BGN
2015 Average 5,685 BGN
Yearly Trough Low 5,475 BGN
Transaction Impact: A difference of 583.66 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2409
0.2207
JanuMarcMayJulySeptNove

HKD 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 0.2256, compared to 0.2299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.2256
H2 Avg (Jul–Dec) 0.2299

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0120 BGN (High: 0.2387 / Low: 0.2267). On the other end, September was the most stable month, with a tight range of 0.0022 BGN (High: 0.2260 / Low: 0.2238).

November Spread (Volatile) ±0.0120
September Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0051 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.2392) against the same month in 2015 (average: 0.2315), the exchange rate shifted by +0.0077 (+3.34%).

2016 Avg (December) 0.2392
2015 Avg (December) 0.2315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2342 0.2294 0.2314
February 0.2311 0.2219 0.2263
March 0.2314 0.2218 0.2263
April 0.2245 0.2205 0.2224
May 0.2265 0.2190 0.2230
June 0.2284 0.2213 0.2241
July 0.2295 0.2258 0.2278
August 0.2275 0.2227 0.2251
September 0.2260 0.2238 0.2250
October 0.2317 0.2247 0.2285
November 0.2387 0.2267 0.2337
December 0.2423 0.2351 0.2392