YEARLY HIGH
0.4185 BGN
YEARLY LOW
0.3824 BGN
YEARLY AVERAGE
0.4033 BGN

2017 MYR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.4185. Conversely, the yearly low was recorded on August 28, dropping to 0.3824.

This high-to-low spread represents a total annual volatility of 0.0361 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4127 to the December average rate of 0.4050, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4185 was down 6.48% compared to the 2016 peak of 0.4475, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 8,370 BGN
2016 Average 8,540 BGN
Yearly Trough Low 7,648 BGN
Transaction Impact: A difference of 722.16 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4176
0.3834
JanuMarcMayJulySeptNove

MYR 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 0.4117, compared to 0.3949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0168 points.

H1 Avg (Jan–Jun) 0.4117
H2 Avg (Jul–Dec) 0.3949

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0152 BGN (High: 0.4010 / Low: 0.3859). On the other end, August was the most stable month, with a tight range of 0.0064 BGN (High: 0.3889 / Low: 0.3824).

July Spread (Volatile) ±0.0152
August Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0118 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.4147) against the same month in 2016 (average: 0.4424), the exchange rate shifted by -0.0276 (-6.25%).

2017 Avg (April) 0.4147
2016 Avg (April) 0.4424

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4183 0.4090 0.4127
February 0.4172 0.4097 0.4137
March 0.4184 0.4081 0.4121
April 0.4185 0.4092 0.4147
May 0.4162 0.4038 0.4096
June 0.4114 0.3981 0.4071
July 0.4010 0.3859 0.3953
August 0.3889 0.3824 0.3863
September 0.3945 0.3849 0.3895
October 0.3976 0.3909 0.3936
November 0.4034 0.3957 0.3995
December 0.4087 0.4012 0.4050