2016 LTL to BGN Historical Review

YEARLY HIGH

0.5863 BGN

YEARLY LOW

0.5611 BGN

YEARLY AVERAGE

0.5727 BGN

2016 LTL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LTL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.5863. Conversely, the yearly low was recorded on December 29, dropping to 0.5611.

This high-to-low spread represents a total annual volatility of 0.0251 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5787 to the December average rate of 0.5664, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5863 was down 7.71% compared to the 2015 peak of 0.6352, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,931 BGN

2015 Average 2,917 BGN

Yearly Trough Low 2,806 BGN

Transaction Impact: A difference of 125.72 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5800

0.5652

JanuMarcMayJulySeptNove

LTL 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 0.5733, compared to 0.5721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.5733

H2 Avg (Jul–Dec) 0.5721

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0206 BGN (High: 0.5863 / Low: 0.5657). On the other end, July was the most stable month, with a tight range of 0.0045 BGN (High: 0.5750 / Low: 0.5705).

November Spread (Volatile) ±0.0206

July Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.5723) against the same month in 2015 (average: 0.5822), the exchange rate shifted by -0.0099 (-1.70%).

2016 Avg (November) 0.5723

2015 Avg (November) 0.5822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5852	0.5760	0.5787
February	0.5801	0.5670	0.5742
March	0.5783	0.5660	0.5732
April	0.5737	0.5674	0.5704
May	0.5772	0.5648	0.5718
June	0.5782	0.5647	0.5717
July	0.5750	0.5705	0.5728
August	0.5761	0.5674	0.5716
September	0.5761	0.5682	0.5738
October	0.5804	0.5735	0.5760
November	0.5863	0.5657	0.5723
December	0.5700	0.5611	0.5664