2011 BGN to RUB Historical Review

YEARLY HIGH

22.3675 RUB

YEARLY LOW

19.9402 RUB

YEARLY AVERAGE

20.8977 RUB

2011 BGN to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 22.3675. Conversely, the yearly low was recorded on March 3, dropping to 19.9402.

This high-to-low spread represents a total annual volatility of 2.4273 RUB. From a start-to-finish perspective, comparing the January average rate of 20.6256 to the December average rate of 21.2191, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 22.3675 was up 0.78% compared to the 2010 peak of 22.1948, 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 111,837 RUB

2010 Average 102,964 RUB

Yearly Trough Low 99,701 RUB

Transaction Impact: A difference of 12,136.26 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

22.0809

20.1819

JanuMarcMayJulySeptNove

BGN to RUB 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 20.5299, compared to 21.2656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7357 points.

H1 Avg (Jan–Jun) 20.5299

H2 Avg (Jul–Dec) 21.2656

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 1.6039 RUB (High: 21.7335 / Low: 20.1297). On the other end, June was the most stable month, with a tight range of 0.3729 RUB (High: 20.7825 / Low: 20.4097).

August Spread (Volatile) ±1.6039

June Spread (Stable) ±0.3729

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5661 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 21.6048) against the same month in 2010 (average: 20.5555), the exchange rate shifted by +1.0493 (+5.10%).

2011 Avg (September) 21.6048

2010 Avg (September) 20.5555

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.9658	20.2028	20.6256
February	20.9115	20.1834	20.4084
March	20.5828	19.9402	20.3401
April	20.8924	20.5156	20.7376
May	20.8595	20.2736	20.4996
June	20.7825	20.4097	20.5677
July	20.6601	20.1312	20.3614
August	21.7335	20.1297	21.1289
September	22.3675	20.9967	21.6048
October	22.2764	21.5862	21.9227
November	21.6480	21.1694	21.3566
December	21.5577	20.7894	21.2191