2011 BGN to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 BGN to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the BGN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 896.1162. Conversely, the yearly low was recorded on December 29, dropping to 768.5122.
This high-to-low spread represents a total annual volatility of 127.6040 IQD. From a start-to-finish perspective, comparing the January average rate of 802.6322 to the December average rate of 787.0290, the exchange rate registered a net change of -1.94% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 896.1162 was up 4.34% compared to the 2010 peak of 858.8347, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
BGN to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 842.0129, compared to 825.1124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.9005 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 59.5743 IQD (High: 847.2220 / Low: 787.6476). On the other end, August was the most stable month, with a tight range of 19.8287 IQD (High: 865.1015 / Low: 845.2728).
Growth Streaks & Declines
TrendsBetween January and April, 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 August and September, when the average rate fell by 32.0887 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2011: 859.3320) against the same month in 2010 (average: 754.2249), the exchange rate shifted by +105.1071 (+13.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 825.8098 | 769.7209 | 802.6322 |
| February | 833.6190 | 809.5439 | 821.9022 |
| March | 855.3775 | 822.8694 | 841.8639 |
| April | 891.4288 | 845.7968 | 867.3341 |
| May | 896.1162 | 837.7498 | 859.3320 |
| June | 874.5021 | 840.2412 | 859.0128 |
| July | 866.0810 | 834.7974 | 852.8379 |
| August | 865.1015 | 845.2728 | 856.4309 |
| September | 854.1720 | 803.6971 | 824.3422 |
| October | 847.2220 | 787.6476 | 820.1044 |
| November | 826.4395 | 788.9192 | 809.9302 |
| December | 807.3751 | 768.5122 | 787.0290 |