2011 BGN to NIO Historical Review

YEARLY HIGH

16.9270 NIO

YEARLY LOW

13.0943 NIO

YEARLY AVERAGE

15.5611 NIO

2011 BGN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 16.9270. Conversely, the yearly low was recorded on January 10, dropping to 13.0943.

This high-to-low spread represents a total annual volatility of 3.8328 NIO. From a start-to-finish perspective, comparing the January average rate of 13.5637 to the December average rate of 15.4423, the exchange rate registered a net change of 13.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 16.9270 was up 17.65% compared to the 2010 peak of 14.3877, 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 84,635 NIO

2010 Average 66,376 NIO

Yearly Trough Low 65,471 NIO

Transaction Impact: A difference of 19,163.81 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

16.8232

13.2674

JanuMarcMayJulySeptNove

BGN to NIO 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 15.1166, compared to 16.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8890 points.

H1 Avg (Jan–Jun) 15.1166

H2 Avg (Jul–Dec) 16.0056

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 2.4453 NIO (High: 16.8844 / Low: 14.4391). On the other end, February was the most stable month, with a tight range of 0.4146 NIO (High: 14.0834 / Low: 13.6687).

April Spread (Volatile) ±2.4453

February Spread (Stable) ±0.4146

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 August and September, when the average rate fell by 0.5698 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 16.3546) against the same month in 2010 (average: 12.6218), the exchange rate shifted by +3.7328 (+29.57%).

2011 Avg (May) 16.3546

2010 Avg (May) 12.6218

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.9379	13.0943	13.5637
February	14.0834	13.6687	13.8781
March	14.4937	14.0327	14.2644
April	16.8844	14.4391	16.1883
May	16.9270	15.9863	16.3546
June	16.7425	16.1130	16.4507
July	16.6389	16.0409	16.3969
August	16.7285	16.2945	16.5269
September	16.5139	15.5589	15.9571
October	16.4486	15.2840	15.9165
November	16.0433	15.4579	15.7938
December	15.8082	15.1158	15.4423