2011 BGN to BRL Historical Review

YEARLY HIGH

1.2950 BRL

YEARLY LOW

1.1134 BRL

YEARLY AVERAGE

1.1891 BRL

2011 BGN to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1.2950. Conversely, the yearly low was recorded on January 12, dropping to 1.1134.

This high-to-low spread represents a total annual volatility of 0.1816 BRL. From a start-to-finish perspective, comparing the January average rate of 1.1451 to the December average rate of 1.2360, the exchange rate registered a net change of 7.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.2950 was down 2.94% compared to the 2010 peak of 1.3343, 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 6,475 BRL

2010 Average 5,966 BRL

Yearly Trough Low 5,567 BRL

Transaction Impact: A difference of 908.18 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.2514

1.1313

JanuMarcMayJulySeptNove

BGN to BRL 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 1.1694, compared to 1.2088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0393 points.

H1 Avg (Jan–Jun) 1.1694

H2 Avg (Jul–Dec) 1.2088

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1253 BRL (High: 1.2950 / Low: 1.1697). On the other end, December was the most stable month, with a tight range of 0.0240 BRL (High: 1.2485 / Low: 1.2245).

September Spread (Volatile) ±0.1253

December Spread (Stable) ±0.0240

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0266 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 1.2242) against the same month in 2010 (average: 1.1480), the exchange rate shifted by +0.0762 (+6.64%).

2011 Avg (September) 1.2242

2010 Avg (September) 1.1480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1779	1.1134	1.1451
February	1.1751	1.1462	1.1631
March	1.2092	1.1709	1.1870
April	1.1964	1.1568	1.1701
May	1.2248	1.1638	1.1835
June	1.1833	1.1558	1.1679
July	1.1559	1.1284	1.1413
August	1.1894	1.1369	1.1711
September	1.2950	1.1697	1.2242
October	1.2866	1.2134	1.2414
November	1.2795	1.2183	1.2386
December	1.2485	1.2245	1.2360