2012 BGN to ETB Historical Review

YEARLY HIGH

12.3927 ETB

YEARLY LOW

11.0795 ETB

YEARLY AVERAGE

11.6701 ETB

2012 BGN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BGN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 12.3927. Conversely, the yearly low was recorded on July 24, dropping to 11.0795.

This high-to-low spread represents a total annual volatility of 1.3131 ETB. From a start-to-finish perspective, comparing the January average rate of 11.4068 to the December average rate of 12.2249, the exchange rate registered a net change of 7.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 12.3927 was down 3.22% compared to the 2011 peak of 12.8049, 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 61,963 ETB

2011 Average 56,738 ETB

Yearly Trough Low 55,398 ETB

Transaction Impact: A difference of 6,565.71 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

12.3241

11.1337

JanuMarcMayJulySeptNove

BGN to ETB 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 11.5786, compared to 11.7616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1829 points.

H1 Avg (Jan–Jun) 11.5786

H2 Avg (Jul–Dec) 11.7616

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.6387 ETB (High: 11.8207 / Low: 11.1820). On the other end, April was the most stable month, with a tight range of 0.2226 ETB (High: 11.8653 / Low: 11.6427).

May Spread (Volatile) ±0.6387

April Spread (Stable) ±0.2226

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 April and May, when the average rate fell by 0.2284 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 12.2249) against the same month in 2011 (average: 11.6169), the exchange rate shifted by +0.6080 (+5.23%).

2012 Avg (December) 12.2249

2011 Avg (December) 11.6169

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6633	11.1993	11.4068
February	11.9607	11.5097	11.7259
March	11.8818	11.6143	11.7607
April	11.8653	11.6427	11.7441
May	11.8207	11.1820	11.5157
June	11.4675	11.0986	11.3186
July	11.4648	11.0795	11.2329
August	11.5855	11.2191	11.3725
September	12.0695	11.5473	11.8355
October	12.1324	11.8895	11.9979
November	12.0794	11.7874	11.9057
December	12.3927	12.0294	12.2249