YEARLY HIGH
0.5160 BGN
YEARLY LOW
0.4250 BGN
YEARLY AVERAGE
0.4720 BGN

2017 QAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5160. Conversely, the yearly low was recorded on November 21, dropping to 0.4250.

This high-to-low spread represents a total annual volatility of 0.0910 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5054 to the December average rate of 0.4502, the exchange rate registered a net change of -10.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5160 was down 0.16% compared to the 2016 peak of 0.5168, 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 2,580 BGN
2016 Average 2,428 BGN
Yearly Trough Low 2,125 BGN
Transaction Impact: A difference of 454.92 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5121
0.4309
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 0.4956, compared to 0.4485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0471 points.

H1 Avg (Jan–Jun) 0.4956
H2 Avg (Jul–Dec) 0.4485

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0300 BGN (High: 0.4550 / Low: 0.4250). On the other end, September was the most stable month, with a tight range of 0.0098 BGN (High: 0.4483 / Low: 0.4385).

November Spread (Volatile) ±0.0300
September Spread (Stable) ±0.0098

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 April and May, when the average rate fell by 0.0160 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.5054) against the same month in 2016 (average: 0.4943), the exchange rate shifted by +0.0111 (+2.24%).

2017 Avg (January) 0.5054
2016 Avg (January) 0.4943

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5160 0.4976 0.5054
February 0.5094 0.4982 0.5047
March 0.5110 0.4945 0.5024
April 0.5074 0.4914 0.5016
May 0.4946 0.4779 0.4857
June 0.4791 0.4564 0.4737
July 0.4734 0.4514 0.4624
August 0.4583 0.4435 0.4522
September 0.4483 0.4385 0.4433
October 0.4607 0.4368 0.4451
November 0.4550 0.4250 0.4376
December 0.4566 0.4428 0.4502