YEARLY HIGH
0.0088 BGN
YEARLY LOW
0.0077 BGN
YEARLY AVERAGE
0.0081 BGN

2016 SYP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SYP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0088. Conversely, the yearly low was recorded on May 2, dropping to 0.0077.

This high-to-low spread represents a total annual volatility of 0.0011 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0082 to the December average rate of 0.0087, the exchange rate registered a net change of 6.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0088 was down 9.43% compared to the 2015 peak of 0.0097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44 BGN
2015 Average 45 BGN
Yearly Trough Low 39 BGN
Transaction Impact: A difference of 5.42 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0088
0.0078
JanuMarcMayJulySeptNove

SYP 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 0.0080, compared to 0.0083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0080
H2 Avg (Jul–Dec) 0.0083

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0005 BGN (High: 0.0087 / Low: 0.0082). On the other end, September was the most stable month, with a tight range of 0.0001 BGN (High: 0.0082 / Low: 0.0081).

November Spread (Volatile) ±0.0005
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0087) against the same month in 2015 (average: 0.0081), the exchange rate shifted by +0.0006 (+6.87%).

2016 Avg (December) 0.0087
2015 Avg (December) 0.0081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0082 0.0081 0.0082
February 0.0082 0.0079 0.0080
March 0.0082 0.0078 0.0080
April 0.0079 0.0078 0.0079
May 0.0080 0.0077 0.0079
June 0.0081 0.0078 0.0079
July 0.0083 0.0081 0.0082
August 0.0082 0.0080 0.0081
September 0.0082 0.0081 0.0081
October 0.0084 0.0081 0.0083
November 0.0087 0.0082 0.0085
December 0.0088 0.0085 0.0087