2017 HNL to BGN Historical Review

YEARLY HIGH

0.0811 BGN

YEARLY LOW

0.0690 BGN

YEARLY AVERAGE

0.0739 BGN

2017 HNL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0811. Conversely, the yearly low was recorded on December 30, dropping to 0.0690.

This high-to-low spread represents a total annual volatility of 0.0121 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0788 to the December average rate of 0.0699, the exchange rate registered a net change of -11.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0811 was down 0.22% compared to the 2016 peak of 0.0813, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 405 BGN

2016 Average 388 BGN

Yearly Trough Low 345 BGN

Transaction Impact: A difference of 60.44 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0797

0.0690

JanuMarcMayJulySeptNove

HNL 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 0.0771, compared to 0.0708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0771

H2 Avg (Jul–Dec) 0.0708

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0041 BGN (High: 0.0811 / Low: 0.0770). On the other end, October was the most stable month, with a tight range of 0.0013 BGN (High: 0.0714 / Low: 0.0701).

January Spread (Volatile) ±0.0041

October Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0025 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0788) against the same month in 2016 (average: 0.0803), the exchange rate shifted by -0.0014 (-1.78%).

2017 Avg (January) 0.0788

2016 Avg (January) 0.0803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0811	0.0770	0.0788
February	0.0788	0.0769	0.0781
March	0.0791	0.0766	0.0779
April	0.0791	0.0763	0.0779
May	0.0767	0.0742	0.0754
June	0.0749	0.0731	0.0743
July	0.0737	0.0711	0.0725
August	0.0715	0.0699	0.0709
September	0.0712	0.0692	0.0700
October	0.0714	0.0701	0.0708
November	0.0716	0.0692	0.0705
December	0.0706	0.0690	0.0699