2016 PEN to BGN Historical Review

YEARLY HIGH

0.5589 BGN

YEARLY LOW

0.4929 BGN

YEARLY AVERAGE

0.5240 BGN

2016 PEN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5589. Conversely, the yearly low was recorded on February 11, dropping to 0.4929.

This high-to-low spread represents a total annual volatility of 0.0660 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5240 to the December average rate of 0.5465, the exchange rate registered a net change of 4.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5589 was down 6.90% compared to the 2015 peak of 0.6003, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,794 BGN

2015 Average 2,771 BGN

Yearly Trough Low 2,464 BGN

Transaction Impact: A difference of 329.97 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5509

0.4981

JanuMarcMayJulySeptNove

PEN 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 0.5182, compared to 0.5297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.5182

H2 Avg (Jul–Dec) 0.5297

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0257 BGN (High: 0.5329 / Low: 0.5073). On the other end, September was the most stable month, with a tight range of 0.0089 BGN (High: 0.5211 / Low: 0.5122).

April Spread (Volatile) ±0.0257

September Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0214 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.5465) against the same month in 2015 (average: 0.5313), the exchange rate shifted by +0.0152 (+2.86%).

2016 Avg (December) 0.5465

2015 Avg (December) 0.5313

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5319	0.5169	0.5240
February	0.5168	0.4929	0.5025
March	0.5245	0.5105	0.5160
April	0.5329	0.5073	0.5224
May	0.5253	0.5123	0.5198
June	0.5355	0.5158	0.5244
July	0.5399	0.5228	0.5348
August	0.5313	0.5163	0.5238
September	0.5211	0.5122	0.5165
October	0.5351	0.5132	0.5237
November	0.5445	0.5196	0.5330
December	0.5589	0.5342	0.5465