2017 PEN to BGN Historical Review

YEARLY HIGH

0.5718 BGN

YEARLY LOW

0.4936 BGN

YEARLY AVERAGE

0.5320 BGN

2017 PEN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.5718. Conversely, the yearly low was recorded on November 2, dropping to 0.4936.

This high-to-low spread represents a total annual volatility of 0.0782 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5512 to the December average rate of 0.5089, the exchange rate registered a net change of -7.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5718 was up 2.31% compared to the 2016 peak of 0.5589, 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 2,859 BGN

2016 Average 2,620 BGN

Yearly Trough Low 2,468 BGN

Transaction Impact: A difference of 391.00 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5699

0.4998

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 0.5519, compared to 0.5120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0399 points.

H1 Avg (Jan–Jun) 0.5519

H2 Avg (Jul–Dec) 0.5120

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0273 BGN (High: 0.5209 / Low: 0.4936). On the other end, September was the most stable month, with a tight range of 0.0088 BGN (High: 0.5095 / Low: 0.5008).

November Spread (Volatile) ±0.0273

September Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between September and November, 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 0.0215 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.5640) against the same month in 2016 (average: 0.5025), the exchange rate shifted by +0.0615 (+12.23%).

2017 Avg (February) 0.5640

2016 Avg (February) 0.5025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5572	0.5445	0.5512
February	0.5718	0.5555	0.5640
March	0.5679	0.5550	0.5607
April	0.5684	0.5510	0.5620
May	0.5533	0.5319	0.5404
June	0.5383	0.5258	0.5333
July	0.5292	0.5100	0.5222
August	0.5146	0.5047	0.5105
September	0.5095	0.5008	0.5056
October	0.5191	0.5060	0.5119
November	0.5209	0.4936	0.5131
December	0.5154	0.5029	0.5089