2017 NZD to BGN Historical Review

YEARLY HIGH

1.3372 BGN

YEARLY LOW

1.1233 BGN

YEARLY AVERAGE

1.2331 BGN

2017 NZD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 1.3372. Conversely, the yearly low was recorded on November 30, dropping to 1.1233.

This high-to-low spread represents a total annual volatility of 0.2139 BGN. From a start-to-finish perspective, comparing the January average rate of 1.3104 to the December average rate of 1.1505, the exchange rate registered a net change of -12.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3372 was up 0.75% compared to the 2016 peak of 1.3273, 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 6,686 BGN

2016 Average 6,163 BGN

Yearly Trough Low 5,616 BGN

Transaction Impact: A difference of 1,069.52 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.3447

1.1289

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 1.2798, compared to 1.1864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0933 points.

H1 Avg (Jan–Jun) 1.2798

H2 Avg (Jul–Dec) 1.1864

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0618 BGN (High: 1.2015 / Low: 1.1397). On the other end, February was the most stable month, with a tight range of 0.0188 BGN (High: 1.3372 / Low: 1.3184).

October Spread (Volatile) ±0.0618

February Spread (Stable) ±0.0188

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0457 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 1.3267) against the same month in 2016 (average: 1.1689), the exchange rate shifted by +0.1578 (+13.50%).

2017 Avg (February) 1.3267

2016 Avg (February) 1.1689

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3320	1.2891	1.3104
February	1.3372	1.3184	1.3267
March	1.3183	1.2665	1.2812
April	1.2928	1.2325	1.2739
May	1.2457	1.2086	1.2282
June	1.2748	1.2320	1.2582
July	1.2567	1.2320	1.2495
August	1.2317	1.1817	1.2091
September	1.2050	1.1750	1.1899
October	1.2015	1.1397	1.1727
November	1.1723	1.1233	1.1469
December	1.1645	1.1270	1.1505