2011 BGN to AFN Historical Review

YEARLY HIGH

34.9611 AFN

YEARLY LOW

28.3845 AFN

YEARLY AVERAGE

31.4765 AFN

2011 BGN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 34.9611. Conversely, the yearly low was recorded on January 10, dropping to 28.3845.

This high-to-low spread represents a total annual volatility of 6.5765 AFN. From a start-to-finish perspective, comparing the January average rate of 29.4038 to the December average rate of 31.2917, the exchange rate registered a net change of 6.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 34.9611 was down 3.50% compared to the 2010 peak of 36.2280, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,805 AFN

2010 Average 153,482 AFN

Yearly Trough Low 141,923 AFN

Transaction Impact: A difference of 32,882.63 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

34.3354

28.9554

JanuMarcMayJulySeptNove

BGN to AFN 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 30.8735, compared to 32.0795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2060 points.

H1 Avg (Jan–Jun) 30.8735

H2 Avg (Jul–Dec) 32.0795

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 3.9101 AFN (High: 33.6578 / Low: 29.7477). On the other end, August was the most stable month, with a tight range of 0.7459 AFN (High: 31.8551 / Low: 31.1092).

September Spread (Volatile) ±3.9101

August Spread (Stable) ±0.7459

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 2.0554 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.0554

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 33.8870) against the same month in 2010 (average: 30.7686), the exchange rate shifted by +3.1185 (+10.14%).

2011 Avg (October) 33.8870

2010 Avg (October) 30.7686

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.1731	28.3845	29.4038
February	30.4327	29.5661	30.0165
March	31.2585	30.2806	30.7983
April	32.6708	31.0901	31.7903
May	32.7480	30.8490	31.5830
June	32.2023	30.9876	31.6493
July	31.9052	30.7483	31.4078
August	31.8551	31.1092	31.5115
September	33.6578	29.7477	31.0322
October	34.9611	32.5605	33.8870
November	34.1080	31.6389	33.3470
December	33.3307	30.0402	31.2917