YEARLY HIGH
0.5278 BGN
YEARLY LOW
0.4145 BGN
YEARLY AVERAGE
0.4763 BGN

2017 TRY to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.5278. Conversely, the yearly low was recorded on November 25, dropping to 0.4145.

This high-to-low spread represents a total annual volatility of 0.1133 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4921 to the December average rate of 0.4302, the exchange rate registered a net change of -12.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5278 was down 14.53% compared to the 2016 peak of 0.6175, 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 26,389 BGN
2016 Average 29,295 BGN
Yearly Trough Low 20,726 BGN
Transaction Impact: A difference of 5,662.59 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5094
0.4205
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 0.4973, compared to 0.4554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0419 points.

H1 Avg (Jan–Jun) 0.4973
H2 Avg (Jul–Dec) 0.4554

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0559 BGN (High: 0.5278 / Low: 0.4718). On the other end, April was the most stable month, with a tight range of 0.0125 BGN (High: 0.5069 / Low: 0.4944).

January Spread (Volatile) ±0.0559
April Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0245 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.4921) against the same month in 2016 (average: 0.5999), the exchange rate shifted by -0.1077 (-17.96%).

2017 Avg (January) 0.4921
2016 Avg (January) 0.5999

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5278 0.4718 0.4921
February 0.5182 0.4815 0.5020
March 0.5073 0.4890 0.4982
April 0.5069 0.4944 0.5005
May 0.5087 0.4859 0.4958
June 0.4999 0.4850 0.4949
July 0.4863 0.4695 0.4769
August 0.4774 0.4645 0.4719
September 0.4811 0.4654 0.4730
October 0.4669 0.4393 0.4524
November 0.4414 0.4145 0.4279
December 0.4341 0.4188 0.4302