2011 BGN to GIP Historical Review

YEARLY HIGH

0.4627 GIP

YEARLY LOW

0.4252 GIP

YEARLY AVERAGE

0.4437 GIP

2011 BGN to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 0.4627. Conversely, the yearly low was recorded on January 12, dropping to 0.4252.

This high-to-low spread represents a total annual volatility of 0.0376 GIP. From a start-to-finish perspective, comparing the January average rate of 0.4336 to the December average rate of 0.4313, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4627 was down 0.70% compared to the 2010 peak of 0.4660, 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 2,314 GIP

2010 Average 2,194 GIP

Yearly Trough Low 2,126 GIP

Transaction Impact: A difference of 187.78 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4559

0.4291

JanuMarcMayJulySeptNove

BGN to GIP 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 0.4439, compared to 0.4435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.4439

H2 Avg (Jul–Dec) 0.4435

Volatility Range Comparison

Volatility

The most volatile month in 2011 was March, with a trading range of 0.0184 GIP (High: 0.4518 / Low: 0.4335). On the other end, November was the most stable month, with a tight range of 0.0061 GIP (High: 0.4423 / Low: 0.4362).

March Spread (Volatile) ±0.0184

November Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.0071 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.4527) against the same month in 2010 (average: 0.4271), the exchange rate shifted by +0.0256 (+5.99%).

2011 Avg (July) 0.4527

2010 Avg (July) 0.4271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4414	0.4252	0.4336
February	0.4373	0.4282	0.4328
March	0.4518	0.4335	0.4433
April	0.4559	0.4463	0.4514
May	0.4601	0.4432	0.4489
June	0.4615	0.4475	0.4537
July	0.4627	0.4464	0.4527
August	0.4528	0.4443	0.4480
September	0.4506	0.4398	0.4458
October	0.4496	0.4379	0.4451
November	0.4423	0.4362	0.4384
December	0.4394	0.4252	0.4313