YEARLY HIGH
1.3150 BGN
YEARLY LOW
1.2407 BGN
YEARLY AVERAGE
1.2806 BGN

2016 BND to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 1.3150. Conversely, the yearly low was recorded on February 9, dropping to 1.2407.

This high-to-low spread represents a total annual volatility of 0.0743 BGN. From a start-to-finish perspective, comparing the January average rate of 1.2576 to the December average rate of 1.2923, the exchange rate registered a net change of 2.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.3150 was down 2.91% compared to the 2015 peak of 1.3544, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,575 BGN
2015 Average 6,415 BGN
Yearly Trough Low 6,203 BGN
Transaction Impact: A difference of 371.47 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.3143
1.2489
JanuMarcMayJulySeptNove

BND 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 1.2698, compared to 1.2913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0215 points.

H1 Avg (Jan–Jun) 1.2698
H2 Avg (Jul–Dec) 1.2913

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0477 BGN (High: 1.3063 / Low: 1.2586). On the other end, July was the most stable month, with a tight range of 0.0136 BGN (High: 1.3150 / Low: 1.3013).

June Spread (Volatile) ±0.0477
July Spread (Stable) ±0.0136

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0135 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 1.3088) against the same month in 2015 (average: 1.3064), the exchange rate shifted by +0.0024 (+0.19%).

2016 Avg (July) 1.3088
2015 Avg (July) 1.3064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2743 1.2435 1.2576
February 1.2774 1.2407 1.2544
March 1.2915 1.2706 1.2807
April 1.2914 1.2683 1.2779
May 1.2775 1.2534 1.2643
June 1.3063 1.2586 1.2840
July 1.3150 1.3013 1.3088
August 1.3112 1.2796 1.2954
September 1.2940 1.2752 1.2841
October 1.2918 1.2739 1.2822
November 1.2984 1.2707 1.2850
December 1.3024 1.2750 1.2923