2012 ARS to BGN Historical Review

YEARLY HIGH

0.3584 BGN

YEARLY LOW

0.3006 BGN

YEARLY AVERAGE

0.3355 BGN

2012 ARS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ARS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.3584. Conversely, the yearly low was recorded on December 27, dropping to 0.3006.

This high-to-low spread represents a total annual volatility of 0.0579 BGN. From a start-to-finish perspective, comparing the January average rate of 0.3514 to the December average rate of 0.3058, the exchange rate registered a net change of -12.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.3584 was down 5.95% compared to the 2011 peak of 0.3811, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,792 BGN

2011 Average 1,705 BGN

Yearly Trough Low 1,503 BGN

Transaction Impact: A difference of 289.31 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.3559

0.3012

JanuMarcMayJulySeptNove

ARS 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 0.3440, compared to 0.3270 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) 0.3440

H2 Avg (Jul–Dec) 0.3270

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0171 BGN (High: 0.3531 / Low: 0.3360). On the other end, April was the most stable month, with a tight range of 0.0063 BGN (High: 0.3416 / Low: 0.3353).

May Spread (Volatile) ±0.0171

April Spread (Stable) ±0.0063

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 August and September, when the average rate fell by 0.0168 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.3514) against the same month in 2011 (average: 0.3678), the exchange rate shifted by -0.0165 (-4.48%).

2012 Avg (January) 0.3514

2011 Avg (January) 0.3678

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3584	0.3426	0.3514
February	0.3465	0.3343	0.3407
March	0.3445	0.3356	0.3405
April	0.3416	0.3353	0.3385
May	0.3531	0.3360	0.3436
June	0.3558	0.3435	0.3492
July	0.3545	0.3433	0.3500
August	0.3483	0.3353	0.3429
September	0.3358	0.3199	0.3261
October	0.3234	0.3156	0.3191
November	0.3226	0.3117	0.3182
December	0.3115	0.3006	0.3058