YEARLY HIGH
4.2509 NOK
YEARLY LOW
3.9491 NOK
YEARLY AVERAGE
4.0938 NOK

2010 BGN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the BGN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 4.2509. Conversely, the yearly low was recorded on May 17, dropping to 3.9491.

This high-to-low spread represents a total annual volatility of 0.3018 NOK. From a start-to-finish perspective, comparing the January average rate of 4.1920 to the December average rate of 4.0407, the exchange rate registered a net change of -3.61% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 21,255 NOK
Yearly Average 20,469 NOK
Yearly Trough Low 19,745 NOK
Transaction Impact: A difference of 1,509.18 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

4.2071
4.0249
JanuMarcMayJulySeptNove

BGN to NOK 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 4.0966, compared to 4.0911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 4.0966
H2 Avg (Jul–Dec) 4.0911

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.1946 NOK (High: 4.1436 / Low: 3.9491). On the other end, March was the most stable month, with a tight range of 0.0578 NOK (High: 4.1376 / Low: 4.0798).

May Spread (Volatile) ±0.1946
March Spread (Stable) ±0.0578

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.1266 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1266

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 4.1920.

2010 Avg (January) 4.1920
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.2509 4.1640 4.1920
February 4.2027 4.1006 4.1386
March 4.1376 4.0798 4.1076
April 4.0951 4.0065 4.0573
May 4.1436 3.9491 4.0439
June 4.0770 4.0027 4.0401
July 4.1682 4.0428 4.0968
August 4.0915 4.0026 4.0539
September 4.0920 3.9962 4.0431
October 4.1829 4.0983 4.1447
November 4.2046 4.1268 4.1673
December 4.1189 3.9854 4.0407