2017 MDL to BGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MDL to BGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MDL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.0974. Conversely, the yearly low was recorded on January 23, dropping to 0.0905.
This high-to-low spread represents a total annual volatility of 0.0069 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0917 to the December average rate of 0.0961, the exchange rate registered a net change of 4.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.0974 was up 3.09% compared to the 2016 peak of 0.0945, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MDL 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 0.0937, compared to 0.0944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 0.0036 BGN (High: 0.0968 / Low: 0.0932). On the other end, June was the most stable month, with a tight range of 0.0019 BGN (High: 0.0964 / Low: 0.0945).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0020 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2017: 0.0956) against the same month in 2016 (average: 0.0893), the exchange rate shifted by +0.0063 (+7.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0939 | 0.0905 | 0.0917 |
| February | 0.0932 | 0.0909 | 0.0922 |
| March | 0.0944 | 0.0922 | 0.0930 |
| April | 0.0958 | 0.0928 | 0.0945 |
| May | 0.0968 | 0.0932 | 0.0954 |
| June | 0.0964 | 0.0945 | 0.0957 |
| July | 0.0952 | 0.0918 | 0.0937 |
| August | 0.0935 | 0.0915 | 0.0926 |
| September | 0.0946 | 0.0913 | 0.0929 |
| October | 0.0974 | 0.0942 | 0.0956 |
| November | 0.0969 | 0.0935 | 0.0953 |
| December | 0.0974 | 0.0953 | 0.0961 |