2016 NZD to BGN Historical Review

YEARLY HIGH

1.3273 BGN

YEARLY LOW

1.1473 BGN

YEARLY AVERAGE

1.2323 BGN

2016 NZD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 1.3273. Conversely, the yearly low was recorded on January 19, dropping to 1.1473.

This high-to-low spread represents a total annual volatility of 0.1799 BGN. From a start-to-finish perspective, comparing the January average rate of 1.1783 to the December average rate of 1.3039, the exchange rate registered a net change of 10.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.3273 was down 4.92% compared to the 2015 peak of 1.3959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,636 BGN

2015 Average 6,169 BGN

Yearly Trough Low 5,737 BGN

Transaction Impact: A difference of 899.71 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.3174

1.1554

JanuMarcMayJulySeptNove

NZD 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 1.1871, compared to 1.2775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0904 points.

H1 Avg (Jan–Jun) 1.1871

H2 Avg (Jul–Dec) 1.2775

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0857 BGN (High: 1.2330 / Low: 1.1473). On the other end, August was the most stable month, with a tight range of 0.0225 BGN (High: 1.2758 / Low: 1.2532).

January Spread (Volatile) ±0.0857

August Spread (Stable) ±0.0225

Growth Streaks & Declines

Trends

Between February and April, 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 0.0119 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.3039) against the same month in 2015 (average: 1.2123), the exchange rate shifted by +0.0916 (+7.56%).

2016 Avg (December) 1.3039

2015 Avg (December) 1.2123

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2330	1.1473	1.1783
February	1.1931	1.1509	1.1689
March	1.2147	1.1633	1.1852
April	1.2143	1.1657	1.1884
May	1.1941	1.1627	1.1765
June	1.2576	1.1911	1.2256
July	1.2921	1.2364	1.2615
August	1.2758	1.2532	1.2611
September	1.2983	1.2616	1.2747
October	1.2887	1.2482	1.2693
November	1.3137	1.2779	1.2946
December	1.3273	1.2859	1.3039