YEARLY HIGH
0.0026 BGN
YEARLY LOW
0.0022 BGN
YEARLY AVERAGE
0.0024 BGN

2017 MWK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MWK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0026. Conversely, the yearly low was recorded on September 10, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0004 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0023, the exchange rate registered a net change of -10.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0026 was down 5.63% compared to the 2016 peak of 0.0028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 BGN
2016 Average 12 BGN
Yearly Trough Low 11 BGN
Transaction Impact: A difference of 1.84 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0026
0.0022
JanuMarcMayJulySeptNove

MWK 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 0.0025, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0001 BGN (High: 0.0024 / Low: 0.0023). On the other end, October was the most stable month, with a tight range of 0.0000 BGN (High: 0.0023 / Low: 0.0023).

July Spread (Volatile) ±0.0001
October Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0025) against the same month in 2016 (average: 0.0026), the exchange rate shifted by -0.0001 (-2.86%).

2017 Avg (January) 0.0025
2016 Avg (January) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0026 0.0025 0.0025
February 0.0026 0.0025 0.0025
March 0.0026 0.0025 0.0025
April 0.0025 0.0025 0.0025
May 0.0025 0.0024 0.0024
June 0.0024 0.0024 0.0024
July 0.0024 0.0023 0.0023
August 0.0023 0.0022 0.0023
September 0.0023 0.0022 0.0023
October 0.0023 0.0023 0.0023
November 0.0023 0.0023 0.0023
December 0.0023 0.0022 0.0023