YEARLY HIGH
1512.2420 MGA
YEARLY LOW
1354.4418 MGA
YEARLY AVERAGE
1436.9066 MGA

2011 BGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 1512.2420. Conversely, the yearly low was recorded on October 4, dropping to 1354.4418.

This high-to-low spread represents a total annual volatility of 157.8003 MGA. From a start-to-finish perspective, comparing the January average rate of 1429.3297 to the December average rate of 1440.9781, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1512.2420 was down 0.92% compared to the 2010 peak of 1526.3217, 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 7,561,210 MGA
2010 Average 7,098,230 MGA
Yearly Trough Low 6,772,209 MGA
Transaction Impact: A difference of 789,001.26 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1472.8921
1403.7633
JanuMarcMayJulySeptNove

BGN to MGA 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 1432.6193, compared to 1441.1940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.5747 points.

H1 Avg (Jan–Jun) 1432.6193
H2 Avg (Jul–Dec) 1441.1940

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 157.8003 MGA (High: 1512.2420 / Low: 1354.4418). On the other end, August was the most stable month, with a tight range of 31.8037 MGA (High: 1454.3920 / Low: 1422.5884).

October Spread (Volatile) ±157.8003
August Spread (Stable) ±31.8037

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 August and September, when the average rate fell by 21.7783 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -21.7783

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 1467.1313) against the same month in 2010 (average: 1419.8351), the exchange rate shifted by +47.2962 (+3.33%).

2011 Avg (October) 1467.1313
2010 Avg (October) 1419.8351

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1465.0557 1404.8911 1429.3297
February 1438.4653 1393.5690 1409.5240
March 1456.3312 1412.6034 1434.5840
April 1477.7835 1425.7304 1455.4460
May 1483.8727 1412.1646 1439.7424
June 1445.8074 1401.9483 1427.0895
July 1462.6917 1397.3477 1428.9080
August 1454.3920 1422.5884 1435.6514
September 1442.5529 1386.8058 1413.8731
October 1512.2420 1354.4418 1467.1313
November 1491.4890 1424.7843 1460.6221
December 1476.2657 1418.0482 1440.9781