YEARLY HIGH
0.0173 BGN
YEARLY LOW
0.0158 BGN
YEARLY AVERAGE
0.0164 BGN

2016 NPR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NPR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0173. Conversely, the yearly low was recorded on February 11, dropping to 0.0158.

This high-to-low spread represents a total annual volatility of 0.0015 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0167 to the December average rate of 0.0171, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0173 was down 6.41% compared to the 2015 peak of 0.0185, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 87 BGN
2015 Average 86 BGN
Yearly Trough Low 79 BGN
Transaction Impact: A difference of 7.33 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0172
0.0160
JanuMarcMayJulySeptNove

NPR 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 0.0163, compared to 0.0166 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) 0.0163
H2 Avg (Jul–Dec) 0.0166

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0007 BGN (High: 0.0166 / Low: 0.0158). On the other end, September was the most stable month, with a tight range of 0.0002 BGN (High: 0.0164 / Low: 0.0162).

February Spread (Volatile) ±0.0007
September Spread (Stable) ±0.0002

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 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0171) against the same month in 2015 (average: 0.0169), the exchange rate shifted by +0.0002 (+1.18%).

2016 Avg (December) 0.0171
2015 Avg (December) 0.0169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0170 0.0164 0.0167
February 0.0166 0.0158 0.0161
March 0.0166 0.0162 0.0164
April 0.0164 0.0161 0.0162
May 0.0164 0.0160 0.0162
June 0.0163 0.0159 0.0162
July 0.0166 0.0163 0.0164
August 0.0165 0.0161 0.0163
September 0.0164 0.0162 0.0163
October 0.0168 0.0164 0.0166
November 0.0170 0.0165 0.0168
December 0.0173 0.0168 0.0171