YEARLY HIGH
0.0052 BGN
YEARLY LOW
0.0044 BGN
YEARLY AVERAGE
0.0048 BGN

2017 MRO to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MRO to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0052. Conversely, the yearly low was recorded on September 10, dropping to 0.0044.

This high-to-low spread represents a total annual volatility of 0.0008 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0051 to the December average rate of 0.0046, the exchange rate registered a net change of -9.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0052 was down 10.82% compared to the 2016 peak of 0.0059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 26 BGN
2016 Average 25 BGN
Yearly Trough Low 22 BGN
Transaction Impact: A difference of 4.02 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0052
0.0044
JanuMarcMayJulySeptNove

MRO 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 0.0050, compared to 0.0046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0050
H2 Avg (Jul–Dec) 0.0046

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0002 BGN (High: 0.0047 / Low: 0.0045). On the other end, August was the most stable month, with a tight range of 0.0001 BGN (High: 0.0046 / Low: 0.0045).

October Spread (Volatile) ±0.0002
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0051) against the same month in 2016 (average: 0.0054), the exchange rate shifted by -0.0003 (-4.76%).

2017 Avg (January) 0.0051
2016 Avg (January) 0.0054

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0052 0.0051 0.0051
February 0.0052 0.0050 0.0051
March 0.0052 0.0050 0.0051
April 0.0051 0.0050 0.0051
May 0.0050 0.0048 0.0049
June 0.0049 0.0048 0.0048
July 0.0048 0.0046 0.0047
August 0.0046 0.0045 0.0046
September 0.0046 0.0044 0.0045
October 0.0047 0.0045 0.0046
November 0.0048 0.0046 0.0047
December 0.0047 0.0046 0.0046