2011 BGN to IRR Historical Review

YEARLY HIGH

8589.6945 IRR

YEARLY LOW

6227.3034 IRR

YEARLY AVERAGE

7489.1423 IRR

2011 BGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 8589.6945. Conversely, the yearly low was recorded on November 26, dropping to 6227.3034.

This high-to-low spread represents a total annual volatility of 2362.3910 IRR. From a start-to-finish perspective, comparing the January average rate of 7090.0295 to the December average rate of 7278.3732, the exchange rate registered a net change of 2.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 8589.6945 was up 13.29% compared to the 2010 peak of 7582.0999, 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 42,948,472 IRR

2010 Average 34,151,496 IRR

Yearly Trough Low 31,136,517 IRR

Transaction Impact: A difference of 11,811,955.24 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

8133.3733

6826.2008

JanuMarcMayJulySeptNove

BGN to IRR 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 7531.0771, compared to 7447.2074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 83.8697 points.

H1 Avg (Jan–Jun) 7531.0771

H2 Avg (Jul–Dec) 7447.2074

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 1438.7177 IRR (High: 7666.0211 / Low: 6227.3034). On the other end, February was the most stable month, with a tight range of 200.3436 IRR (High: 7320.7987 / Low: 7120.4551).

November Spread (Volatile) ±1438.7177

February Spread (Stable) ±200.3436

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 527.0438 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -527.0438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 8024.4423) against the same month in 2010 (average: 6247.3653), the exchange rate shifted by +1777.0770 (+28.45%).

2011 Avg (June) 8024.4423

2010 Avg (June) 6247.3653

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7283.0394	6851.4521	7090.0295
February	7320.7987	7120.4551	7223.6671
March	7564.9074	7254.6955	7395.1609
April	7978.4862	7539.0932	7714.5813
May	7980.3340	7601.5634	7738.5817
June	8589.6945	7802.4996	8024.4423
July	7904.2920	7572.8276	7734.7038
August	7839.4022	7629.5415	7751.4640
September	7733.7514	7374.7295	7521.3961
October	7764.5678	7216.0594	7462.1757
November	7666.0211	6227.3034	6935.1319
December	7500.0095	6296.3971	7278.3732