2011 BGN to CVE Historical Review

YEARLY HIGH

56.7725 CVE

YEARLY LOW

56.1996 CVE

YEARLY AVERAGE

56.3763 CVE

2011 BGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 56.7725. Conversely, the yearly low was recorded on December 29, dropping to 56.1996.

This high-to-low spread represents a total annual volatility of 0.5729 CVE. From a start-to-finish perspective, comparing the January average rate of 56.3764 to the December average rate of 56.3824, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 56.7725 was up 0.47% compared to the 2010 peak of 56.5071, 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 283,863 CVE

2010 Average 281,884 CVE

Yearly Trough Low 280,998 CVE

Transaction Impact: A difference of 2,864.57 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

56.3840

56.3638

JanuMarcMayJulySeptNove

BGN to CVE 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 56.3770, compared to 56.3756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 56.3770

H2 Avg (Jul–Dec) 56.3756

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.5618 CVE (High: 56.7725 / Low: 56.2108). On the other end, October was the most stable month, with a tight range of 0.0005 CVE (High: 56.3765 / Low: 56.3760).

November Spread (Volatile) ±0.5618

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0109 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 56.3655) against the same month in 2010 (average: 56.3764), the exchange rate shifted by -0.0109 (-0.02%).

2011 Avg (November) 56.3655

2010 Avg (November) 56.3764

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.3765	56.3761	56.3764
February	56.3765	56.3760	56.3764
March	56.5039	56.3761	56.3805
April	56.3765	56.3760	56.3763
May	56.3765	56.3760	56.3764
June	56.3765	56.3761	56.3764
July	56.3765	56.3761	56.3764
August	56.3765	56.3760	56.3764
September	56.3765	56.3761	56.3764
October	56.3765	56.3760	56.3764
November	56.7725	56.2108	56.3655
December	56.5406	56.1996	56.3824