YEARLY HIGH
0.6038 BGN
YEARLY LOW
0.5364 BGN
YEARLY AVERAGE
0.5648 BGN

2016 PGK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.6038. Conversely, the yearly low was recorded on May 3, dropping to 0.5364.

This high-to-low spread represents a total annual volatility of 0.0674 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5970 to the December average rate of 0.5848, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6038 was down 14.13% compared to the 2015 peak of 0.7032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,019 BGN
2015 Average 3,191 BGN
Yearly Trough Low 2,682 BGN
Transaction Impact: A difference of 337.17 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6019
0.5435
JanuMarcMayJulySeptNove

PGK 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 0.5669, compared to 0.5626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.5669
H2 Avg (Jul–Dec) 0.5626

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0355 BGN (High: 0.5923 / Low: 0.5569). On the other end, September was the most stable month, with a tight range of 0.0100 BGN (High: 0.5543 / Low: 0.5443).

March Spread (Volatile) ±0.0355
September Spread (Stable) ±0.0100

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 March and April, when the average rate fell by 0.0208 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.5970) against the same month in 2015 (average: 0.6469), the exchange rate shifted by -0.0499 (-7.72%).

2016 Avg (January) 0.5970
2015 Avg (January) 0.6469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6038 0.5924 0.5970
February 0.5928 0.5681 0.5795
March 0.5923 0.5569 0.5734
April 0.5594 0.5431 0.5526
May 0.5625 0.5364 0.5484
June 0.5659 0.5424 0.5509
July 0.5654 0.5514 0.5584
August 0.5574 0.5446 0.5512
September 0.5543 0.5443 0.5505
October 0.5684 0.5488 0.5594
November 0.5834 0.5553 0.5715
December 0.5930 0.5698 0.5848