2016 TRY to BGN Historical Review

YEARLY HIGH

0.6175 BGN

YEARLY LOW

0.5184 BGN

YEARLY AVERAGE

0.5860 BGN

2016 TRY to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6175. Conversely, the yearly low was recorded on December 4, dropping to 0.5184.

This high-to-low spread represents a total annual volatility of 0.0990 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5999 to the December average rate of 0.5299, the exchange rate registered a net change of -11.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6175 was down 16.91% compared to the 2015 peak of 0.7431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 30,873 BGN

2015 Average 32,502 BGN

Yearly Trough Low 25,922 BGN

Transaction Impact: A difference of 4,951.33 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6175

0.5219

JanuMarcMayJulySeptNove

TRY 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 0.6002, compared to 0.5717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0285 points.

H1 Avg (Jan–Jun) 0.6002

H2 Avg (Jul–Dec) 0.5717

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0347 BGN (High: 0.5696 / Low: 0.5348). On the other end, March was the most stable month, with a tight range of 0.0088 BGN (High: 0.6139 / Low: 0.6051).

November Spread (Volatile) ±0.0347

March Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0265 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.5999) against the same month in 2015 (average: 0.7197), the exchange rate shifted by -0.1198 (-16.65%).

2016 Avg (January) 0.5999

2015 Avg (January) 0.7197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6175	0.5875	0.5999
February	0.6097	0.5899	0.5981
March	0.6139	0.6051	0.6095
April	0.6140	0.6015	0.6084
May	0.6111	0.5805	0.5885
June	0.6113	0.5923	0.5968
July	0.6119	0.5778	0.5951
August	0.5942	0.5819	0.5896
September	0.5953	0.5816	0.5881
October	0.5848	0.5717	0.5771
November	0.5696	0.5348	0.5506
December	0.5349	0.5184	0.5299