2011 BGN to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 BGN to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the BGN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 23.7431. Conversely, the yearly low was recorded on December 29, dropping to 17.5462.
This high-to-low spread represents a total annual volatility of 6.1969 MZN. From a start-to-finish perspective, comparing the January average rate of 22.1833 to the December average rate of 17.9584, the exchange rate registered a net change of -19.05% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 23.7431 was down 9.83% compared to the 2010 peak of 26.3323, 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 MZN 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 22.1047, compared to 18.9735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1313 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was May, with a trading range of 2.6774 MZN (High: 23.7430 / Low: 21.0656). On the other end, March was the most stable month, with a tight range of 0.8929 MZN (High: 22.5465 / Low: 21.6536).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 0.9708 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2011: 22.9008) against the same month in 2010 (average: 23.7391), the exchange rate shifted by -0.8383 (-3.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.7777 | 21.3090 | 22.1833 |
| February | 22.7602 | 21.5432 | 22.0120 |
| March | 22.5465 | 21.6536 | 22.1619 |
| April | 23.7431 | 22.1629 | 22.9008 |
| May | 23.7430 | 21.0656 | 22.0685 |
| June | 21.9867 | 20.6656 | 21.3021 |
| July | 21.0551 | 19.7422 | 20.3312 |
| August | 20.0859 | 19.1658 | 19.6078 |
| September | 19.6267 | 18.3678 | 18.8860 |
| October | 19.2468 | 17.9918 | 18.6368 |
| November | 19.0332 | 17.7592 | 18.4206 |
| December | 18.4448 | 17.5462 | 17.9584 |