YEARLY HIGH
0.1883 BGN
YEARLY LOW
0.1527 BGN
YEARLY AVERAGE
0.1719 BGN

2017 VEF to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1883. Conversely, the yearly low was recorded on November 2, dropping to 0.1527.

This high-to-low spread represents a total annual volatility of 0.0356 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1842 to the December average rate of 0.1604, the exchange rate registered a net change of -12.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1883 was down 34.44% compared to the 2016 peak of 0.2873, 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 942 BGN
2016 Average 1,014 BGN
Yearly Trough Low 764 BGN
Transaction Impact: A difference of 177.93 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1866
0.1580
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 0.1804, compared to 0.1634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 0.1804
H2 Avg (Jul–Dec) 0.1634

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0160 BGN (High: 0.1688 / Low: 0.1527). On the other end, February was the most stable month, with a tight range of 0.0041 BGN (High: 0.1857 / Low: 0.1816).

November Spread (Volatile) ±0.0160
February Spread (Stable) ±0.0041

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 April and May, when the average rate fell by 0.0061 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1842) against the same month in 2016 (average: 0.2848), the exchange rate shifted by -0.1006 (-35.31%).

2017 Avg (January) 0.1842
2016 Avg (January) 0.2848

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1883 0.1813 0.1842
February 0.1857 0.1816 0.1840
March 0.1863 0.1802 0.1832
April 0.1850 0.1764 0.1817
May 0.1793 0.1710 0.1756
June 0.1758 0.1686 0.1736
July 0.1718 0.1629 0.1680
August 0.1658 0.1600 0.1631
September 0.1662 0.1602 0.1630
October 0.1687 0.1587 0.1647
November 0.1688 0.1527 0.1611
December 0.1667 0.1531 0.1604