2017 KWD to BGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 KWD to BGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the KWD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 6.1349. Conversely, the yearly low was recorded on September 7, dropping to 5.3987.
This high-to-low spread represents a total annual volatility of 0.7362 BGN. From a start-to-finish perspective, comparing the January average rate of 6.0237 to the December average rate of 5.4691, the exchange rate registered a net change of -9.21% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 6.1349 was down 0.20% compared to the 2016 peak of 6.1472, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
KWD to BGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.9320, compared to 5.5022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4298 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 0.2123 BGN (High: 6.0902 / Low: 5.8778). On the other end, December was the most stable month, with a tight range of 0.1125 BGN (High: 5.5169 / Low: 5.4044).
Growth Streaks & Declines
TrendsBetween September and November, 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 April and May, when the average rate fell by 0.1808 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 6.0237) against the same month in 2016 (average: 5.9205), the exchange rate shifted by +0.1032 (+1.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.1349 | 5.9418 | 6.0237 |
| February | 6.0724 | 5.9456 | 6.0217 |
| March | 6.0864 | 5.9149 | 5.9941 |
| April | 6.0902 | 5.8778 | 5.9971 |
| May | 5.9179 | 5.7348 | 5.8164 |
| June | 5.7910 | 5.6364 | 5.7392 |
| July | 5.6832 | 5.4742 | 5.6003 |
| August | 5.5273 | 5.4069 | 5.4807 |
| September | 5.5146 | 5.3987 | 5.4454 |
| October | 5.5672 | 5.4539 | 5.5076 |
| November | 5.5874 | 5.4295 | 5.5103 |
| December | 5.5169 | 5.4044 | 5.4691 |