2011 BGN to BAM Historical Review

YEARLY HIGH

1.0086 BAM

YEARLY LOW

0.9908 BAM

YEARLY AVERAGE

1.0007 BAM

2011 BGN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 1.0086. Conversely, the yearly low was recorded on September 22, dropping to 0.9908.

This high-to-low spread represents a total annual volatility of 0.0178 BAM. From a start-to-finish perspective, comparing the January average rate of 1.0010 to the December average rate of 1.0001, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0086 was up 0.22% compared to the 2010 peak of 1.0064, 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 5,043 BAM

2010 Average 5,004 BAM

Yearly Trough Low 4,954 BAM

Transaction Impact: A difference of 89.01 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0023

0.9995

JanuMarcMayJulySeptNove

BGN to BAM 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 1.0010, compared to 1.0005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 1.0010

H2 Avg (Jul–Dec) 1.0005

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0164 BAM (High: 1.0072 / Low: 0.9908). On the other end, March was the most stable month, with a tight range of 0.0063 BAM (High: 1.0035 / Low: 0.9972).

September Spread (Volatile) ±0.0164

March Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 1.0008) against the same month in 2010 (average: 1.0012), the exchange rate shifted by -0.0004 (-0.04%).

2011 Avg (October) 1.0008

2010 Avg (October) 1.0012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0059	0.9973	1.0010
February	1.0033	0.9970	1.0008
March	1.0035	0.9972	1.0003
April	1.0055	0.9979	1.0011
May	1.0077	0.9980	1.0021
June	1.0055	0.9941	1.0005
July	1.0045	0.9963	1.0004
August	1.0082	0.9962	1.0007
September	1.0072	0.9908	1.0011
October	1.0086	0.9968	1.0008
November	1.0076	0.9963	0.9998
December	1.0059	0.9977	1.0001