YEARLY HIGH
0.2873 BGN
YEARLY LOW
0.1704 BGN
YEARLY AVERAGE
0.2029 BGN

2016 VEF to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2873. Conversely, the yearly low was recorded on May 2, dropping to 0.1704.

This high-to-low spread represents a total annual volatility of 0.1168 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2848 to the December average rate of 0.1858, the exchange rate registered a net change of -34.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2873 was down 2.67% compared to the 2015 peak of 0.2951, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,436 BGN
2015 Average 1,395 BGN
Yearly Trough Low 852 BGN
Transaction Impact: A difference of 584.23 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2960
0.1618
JanuMarcMayJulySeptNove

VEF 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 0.2271, compared to 0.1787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0484 points.

H1 Avg (Jan–Jun) 0.2271
H2 Avg (Jul–Dec) 0.1787

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0118 BGN (High: 0.2847 / Low: 0.2729). On the other end, September was the most stable month, with a tight range of 0.0017 BGN (High: 0.1756 / Low: 0.1740).

March Spread (Volatile) ±0.0118
September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1048 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2848) against the same month in 2015 (average: 0.2664), the exchange rate shifted by +0.0185 (+6.94%).

2016 Avg (January) 0.2848
2015 Avg (January) 0.2664

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2873 0.2832 0.2848
February 0.2846 0.2736 0.2787
March 0.2847 0.2729 0.2778
April 0.1746 0.1715 0.1730
May 0.1764 0.1704 0.1736
June 0.1778 0.1723 0.1745
July 0.1784 0.1756 0.1770
August 0.1768 0.1731 0.1750
September 0.1756 0.1740 0.1749
October 0.1802 0.1747 0.1777
November 0.1855 0.1763 0.1817
December 0.1883 0.1827 0.1858