2017 MAD to BGN Historical Review

YEARLY HIGH

0.1844 BGN

YEARLY LOW

0.1741 BGN

YEARLY AVERAGE

0.1786 BGN

2017 MAD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1844. Conversely, the yearly low was recorded on August 26, dropping to 0.1741.

This high-to-low spread represents a total annual volatility of 0.0103 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1829 to the December average rate of 0.1753, the exchange rate registered a net change of -4.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1844 was down 0.32% compared to the 2016 peak of 0.1849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 922 BGN

2016 Average 902 BGN

Yearly Trough Low 870 BGN

Transaction Impact: A difference of 51.43 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1836

0.1745

JanuMarcMayJulySeptNove

MAD 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 0.1814, compared to 0.1758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.1814

H2 Avg (Jul–Dec) 0.1758

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0030 BGN (High: 0.1780 / Low: 0.1750). On the other end, October was the most stable month, with a tight range of 0.0014 BGN (High: 0.1770 / Low: 0.1756).

July Spread (Volatile) ±0.0030

October Spread (Stable) ±0.0014

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 0.0023 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1829) against the same month in 2016 (average: 0.1817), the exchange rate shifted by +0.0011 (+0.63%).

2017 Avg (January) 0.1829

2016 Avg (January) 0.1817

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1844	0.1816	0.1829
February	0.1833	0.1816	0.1826
March	0.1837	0.1811	0.1823
April	0.1834	0.1806	0.1821
May	0.1812	0.1787	0.1799
June	0.1794	0.1764	0.1786
July	0.1780	0.1750	0.1770
August	0.1761	0.1741	0.1753
September	0.1762	0.1744	0.1752
October	0.1770	0.1756	0.1762
November	0.1774	0.1747	0.1762
December	0.1759	0.1742	0.1753