YEARLY HIGH
0.5168 BGN
YEARLY LOW
0.4667 BGN
YEARLY AVERAGE
0.4855 BGN

2016 QAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.5168. Conversely, the yearly low was recorded on May 2, dropping to 0.4667.

This high-to-low spread represents a total annual volatility of 0.0501 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4943 to the December average rate of 0.5097, the exchange rate registered a net change of 3.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5168 was up 1.00% compared to the 2015 peak of 0.5117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,584 BGN
2015 Average 2,421 BGN
Yearly Trough Low 2,334 BGN
Transaction Impact: A difference of 250.47 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5133
0.4702
JanuMarcMayJulySeptNove

QAR 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 0.4813, compared to 0.4897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.4813
H2 Avg (Jul–Dec) 0.4897

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0259 BGN (High: 0.5084 / Low: 0.4825). On the other end, September was the most stable month, with a tight range of 0.0046 BGN (High: 0.4813 / Low: 0.4767).

November Spread (Volatile) ±0.0259
September Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between April and July, 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 0.0106 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.5097) against the same month in 2015 (average: 0.4929), the exchange rate shifted by +0.0169 (+3.42%).

2016 Avg (December) 0.5097
2015 Avg (December) 0.4929

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4985 0.4916 0.4943
February 0.4940 0.4750 0.4837
March 0.4941 0.4726 0.4823
April 0.4782 0.4700 0.4738
May 0.4831 0.4667 0.4756
June 0.4869 0.4719 0.4778
July 0.4889 0.4810 0.4852
August 0.4845 0.4743 0.4794
September 0.4813 0.4767 0.4793
October 0.4937 0.4785 0.4868
November 0.5084 0.4825 0.4979
December 0.5168 0.5006 0.5097