YEARLY HIGH
0.5922 BGN
YEARLY LOW
0.5047 BGN
YEARLY AVERAGE
0.5440 BGN

2017 PGK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5922. Conversely, the yearly low was recorded on September 18, dropping to 0.5047.

This high-to-low spread represents a total annual volatility of 0.0874 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5793 to the December average rate of 0.5133, the exchange rate registered a net change of -11.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5922 was down 1.93% compared to the 2016 peak of 0.6038, 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 2,961 BGN
2016 Average 2,824 BGN
Yearly Trough Low 2,524 BGN
Transaction Impact: A difference of 437.20 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5881
0.5058
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 0.5680, compared to 0.5199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0480 points.

H1 Avg (Jan–Jun) 0.5680
H2 Avg (Jul–Dec) 0.5199

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0322 BGN (High: 0.5784 / Low: 0.5462). On the other end, October was the most stable month, with a tight range of 0.0107 BGN (High: 0.5258 / Low: 0.5150).

April Spread (Volatile) ±0.0322
October Spread (Stable) ±0.0107

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 July and August, when the average rate fell by 0.0137 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.5793) against the same month in 2016 (average: 0.5970), the exchange rate shifted by -0.0177 (-2.97%).

2017 Avg (January) 0.5793
2016 Avg (January) 0.5970

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5922 0.5698 0.5793
February 0.5896 0.5699 0.5813
March 0.5862 0.5659 0.5770
April 0.5784 0.5462 0.5679
May 0.5668 0.5424 0.5559
June 0.5528 0.5296 0.5464
July 0.5443 0.5218 0.5339
August 0.5269 0.5072 0.5202
September 0.5201 0.5047 0.5126
October 0.5258 0.5150 0.5204
November 0.5277 0.5096 0.5192
December 0.5186 0.5071 0.5133