YEARLY HIGH
0.1232 BGN
YEARLY LOW
0.1054 BGN
YEARLY AVERAGE
0.1124 BGN

2017 MVR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MVR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1232. Conversely, the yearly low was recorded on September 10, dropping to 0.1054.

This high-to-low spread represents a total annual volatility of 0.0178 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1197 to the December average rate of 0.1072, the exchange rate registered a net change of -10.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1232 was up 0.14% compared to the 2016 peak of 0.1230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 616 BGN
2016 Average 579 BGN
Yearly Trough Low 527 BGN
Transaction Impact: A difference of 88.79 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1211
0.1052
JanuMarcMayJulySeptNove

MVR 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 0.1169, compared to 0.1079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.1169
H2 Avg (Jul–Dec) 0.1079

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0120 BGN (High: 0.1176 / Low: 0.1056). On the other end, October was the most stable month, with a tight range of 0.0023 BGN (High: 0.1094 / Low: 0.1071).

August Spread (Volatile) ±0.0120
October Spread (Stable) ±0.0023

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 0.0040 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1197) against the same month in 2016 (average: 0.1176), the exchange rate shifted by +0.0021 (+1.81%).

2017 Avg (January) 0.1197
2016 Avg (January) 0.1176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1232 0.1176 0.1197
February 0.1200 0.1172 0.1189
March 0.1197 0.1165 0.1180
April 0.1198 0.1162 0.1183
May 0.1172 0.1116 0.1143
June 0.1133 0.1103 0.1119
July 0.1112 0.1069 0.1095
August 0.1176 0.1056 0.1079
September 0.1081 0.1054 0.1065
October 0.1094 0.1071 0.1080
November 0.1099 0.1071 0.1084
December 0.1083 0.1058 0.1072