YEARLY HIGH
0.0015 BGN
YEARLY LOW
0.0013 BGN
YEARLY AVERAGE
0.0014 BGN

2016 MMK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 0.0015. Conversely, the yearly low was recorded on December 29, dropping to 0.0013.

This high-to-low spread represents a total annual volatility of 0.0002 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0014 to the December average rate of 0.0014, the exchange rate registered a net change of -0.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0015 was down 15.94% compared to the 2015 peak of 0.0018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8 BGN
2015 Average 8 BGN
Yearly Trough Low 7 BGN
Transaction Impact: A difference of 0.82 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0015
0.0014
JanuMarcMayJulySeptNove

MMK 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 0.0014, compared to 0.0014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0014
H2 Avg (Jul–Dec) 0.0014

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0001 BGN (High: 0.0015 / Low: 0.0014). On the other end, January was the most stable month, with a tight range of 0.0000 BGN (High: 0.0014 / Low: 0.0014).

April Spread (Volatile) ±0.0001
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0015) against the same month in 2015 (average: 0.0016), the exchange rate shifted by -0.0001 (-7.60%).

2016 Avg (July) 0.0015
2015 Avg (July) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0014 0.0014 0.0014
February 0.0015 0.0014 0.0014
March 0.0015 0.0014 0.0014
April 0.0015 0.0014 0.0015
May 0.0015 0.0015 0.0015
June 0.0015 0.0014 0.0015
July 0.0015 0.0015 0.0015
August 0.0015 0.0014 0.0015
September 0.0015 0.0014 0.0014
October 0.0014 0.0014 0.0014
November 0.0014 0.0014 0.0014
December 0.0014 0.0013 0.0014