2011 BGN to SHP Historical Review

YEARLY HIGH

0.4618 SHP

YEARLY LOW

0.4231 SHP

YEARLY AVERAGE

0.4436 SHP

2011 BGN to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 0.4618. Conversely, the yearly low was recorded on January 12, dropping to 0.4231.

This high-to-low spread represents a total annual volatility of 0.0386 SHP. From a start-to-finish perspective, comparing the January average rate of 0.4333 to the December average rate of 0.4316, the exchange rate registered a net change of -0.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4618 was down 0.81% compared to the 2010 peak of 0.4655, 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 2,309 SHP

2010 Average 2,194 SHP

Yearly Trough Low 2,116 SHP

Transaction Impact: A difference of 193.24 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4558

0.4294

JanuMarcMayJulySeptNove

BGN to SHP 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 0.4438, compared to 0.4434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.4438

H2 Avg (Jul–Dec) 0.4434

Volatility Range Comparison

Volatility

The most volatile month in 2011 was March, with a trading range of 0.0194 SHP (High: 0.4523 / Low: 0.4330). On the other end, November was the most stable month, with a tight range of 0.0060 SHP (High: 0.4423 / Low: 0.4363).

March Spread (Volatile) ±0.0194

November Spread (Stable) ±0.0060

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 November and December, when the average rate fell by 0.0068 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.4521) against the same month in 2010 (average: 0.4269), the exchange rate shifted by +0.0252 (+5.90%).

2011 Avg (July) 0.4521

2010 Avg (July) 0.4269

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4411	0.4231	0.4333
February	0.4368	0.4283	0.4326
March	0.4523	0.4330	0.4431
April	0.4553	0.4454	0.4512
May	0.4608	0.4425	0.4490
June	0.4610	0.4465	0.4536
July	0.4618	0.4456	0.4521
August	0.4537	0.4429	0.4479
September	0.4509	0.4400	0.4459
October	0.4492	0.4367	0.4447
November	0.4423	0.4363	0.4384
December	0.4409	0.4253	0.4316