YEARLY HIGH
0.8928 BGN
YEARLY LOW
0.8084 BGN
YEARLY AVERAGE
0.8476 BGN

2016 FJD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FJD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.8928. Conversely, the yearly low was recorded on February 9, dropping to 0.8084.

This high-to-low spread represents a total annual volatility of 0.0844 BGN. From a start-to-finish perspective, comparing the January average rate of 0.8359 to the December average rate of 0.8825, the exchange rate registered a net change of 5.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8928 was down 0.76% compared to the 2015 peak of 0.8996, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,464 BGN
2015 Average 4,220 BGN
Yearly Trough Low 4,042 BGN
Transaction Impact: A difference of 422.15 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8884
0.8180
JanuMarcMayJulySeptNove

FJD 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 0.8323, compared to 0.8628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0305 points.

H1 Avg (Jan–Jun) 0.8323
H2 Avg (Jul–Dec) 0.8628

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0373 BGN (High: 0.8551 / Low: 0.8178). On the other end, September was the most stable month, with a tight range of 0.0125 BGN (High: 0.8557 / Low: 0.8432).

June Spread (Volatile) ±0.0373
September Spread (Stable) ±0.0125

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 0.0106 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.8825) against the same month in 2015 (average: 0.8424), the exchange rate shifted by +0.0401 (+4.76%).

2016 Avg (December) 0.8825
2015 Avg (December) 0.8424

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8481 0.8227 0.8359
February 0.8429 0.8084 0.8252
March 0.8482 0.8324 0.8386
April 0.8450 0.8228 0.8342
May 0.8312 0.8169 0.8238
June 0.8551 0.8178 0.8363
July 0.8644 0.8459 0.8565
August 0.8602 0.8445 0.8513
September 0.8557 0.8432 0.8515
October 0.8760 0.8436 0.8613
November 0.8848 0.8583 0.8740
December 0.8928 0.8728 0.8825