YEARLY HIGH
1.8532 BGN
YEARLY LOW
0.5622 BGN
YEARLY AVERAGE
1.4910 BGN

2017 LTL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LTL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.8532. Conversely, the yearly low was recorded on January 5, dropping to 0.5622.

This high-to-low spread represents a total annual volatility of 1.2910 BGN. From a start-to-finish perspective, comparing the January average rate of 0.8525 to the December average rate of 1.6513, the exchange rate registered a net change of 93.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.8532 was up 216.11% compared to the 2016 peak of 0.5863, 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 9,266 BGN
2016 Average 2,864 BGN
Yearly Trough Low 2,811 BGN
Transaction Impact: A difference of 6,454.95 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.8886
0.4463
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 1.3198, compared to 1.6622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3423 points.

H1 Avg (Jan–Jun) 1.3198
H2 Avg (Jul–Dec) 1.6622

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 1.2910 BGN (High: 1.8532 / Low: 0.5622). On the other end, March was the most stable month, with a tight range of 0.0068 BGN (High: 0.5694 / Low: 0.5626).

January Spread (Volatile) ±1.2910
March Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.7238 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.8525) against the same month in 2016 (average: 0.5787), the exchange rate shifted by +0.2738 (+47.30%).

2017 Avg (January) 0.8525
2016 Avg (January) 0.5787

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8532 0.5622 0.8525
February 1.8491 0.5653 1.2903
March 0.5694 0.5626 0.5665
April 1.8472 0.5688 1.6999
May 1.8007 1.7404 1.7684
June 1.7564 1.7096 1.7415
July 1.7234 1.6521 1.6958
August 1.6687 1.6321 1.6546
September 1.6655 1.6236 1.6414
October 1.6849 1.6489 1.6645
November 1.6886 1.6394 1.6654
December 1.6671 1.6293 1.6513