YEARLY HIGH
0.0088 BGN
YEARLY LOW
0.0032 BGN
YEARLY AVERAGE
0.0063 BGN

2017 SYP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SYP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0088. Conversely, the yearly low was recorded on September 10, dropping to 0.0032.

This high-to-low spread represents a total annual volatility of 0.0057 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0032, the exchange rate registered a net change of -62.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0088 was down 0.15% compared to the 2016 peak of 0.0088, 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
2016 Average 41 BGN
Yearly Trough Low 16 BGN
Transaction Impact: A difference of 28.30 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0091
0.0026
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 0.0084, compared to 0.0042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0084
H2 Avg (Jul–Dec) 0.0042

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0046 BGN (High: 0.0077 / Low: 0.0032). On the other end, October was the most stable month, with a tight range of 0.0001 BGN (High: 0.0033 / Low: 0.0032).

August Spread (Volatile) ±0.0046
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0086) against the same month in 2016 (average: 0.0082), the exchange rate shifted by +0.0004 (+5.08%).

2017 Avg (January) 0.0086
2016 Avg (January) 0.0082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0088 0.0085 0.0086
February 0.0087 0.0085 0.0086
March 0.0087 0.0084 0.0085
April 0.0086 0.0083 0.0085
May 0.0084 0.0081 0.0082
June 0.0082 0.0080 0.0081
July 0.0080 0.0077 0.0079
August 0.0077 0.0032 0.0045
September 0.0032 0.0032 0.0032
October 0.0033 0.0032 0.0032
November 0.0033 0.0032 0.0032
December 0.0032 0.0032 0.0032