2017 NOK to BGN Historical Review

YEARLY HIGH

0.2221 BGN

YEARLY LOW

0.1957 BGN

YEARLY AVERAGE

0.2098 BGN

2017 NOK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.2221. Conversely, the yearly low was recorded on December 20, dropping to 0.1957.

This high-to-low spread represents a total annual volatility of 0.0264 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2174 to the December average rate of 0.1987, the exchange rate registered a net change of -8.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2221 was up 1.49% compared to the 2016 peak of 0.2188, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,111 BGN

2016 Average 1,053 BGN

Yearly Trough Low 979 BGN

Transaction Impact: A difference of 131.93 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2228

0.1965

JanuMarcMayJulySeptNove

NOK 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 0.2133, compared to 0.2063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.2133

H2 Avg (Jul–Dec) 0.2063

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0094 BGN (High: 0.2071 / Low: 0.1976). On the other end, February was the most stable month, with a tight range of 0.0032 BGN (High: 0.2221 / Low: 0.2189).

November Spread (Volatile) ±0.0094

February Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between June and August, 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 February and March, when the average rate fell by 0.0055 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.2206) against the same month in 2016 (average: 0.2047), the exchange rate shifted by +0.0159 (+7.78%).

2017 Avg (February) 0.2206

2016 Avg (February) 0.2047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2198	0.2151	0.2174
February	0.2221	0.2189	0.2206
March	0.2199	0.2121	0.2151
April	0.2154	0.2088	0.2125
May	0.2094	0.2054	0.2080
June	0.2070	0.2037	0.2059
July	0.2110	0.2049	0.2080
August	0.2122	0.2083	0.2098
September	0.2117	0.2082	0.2096
October	0.2100	0.2050	0.2081
November	0.2071	0.1976	0.2035
December	0.2004	0.1957	0.1987