2011 BGN to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 BGN to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the BGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 36.3151. Conversely, the yearly low was recorded on January 10, dropping to 30.9455.
This high-to-low spread represents a total annual volatility of 5.3696 SYP. From a start-to-finish perspective, comparing the January average rate of 31.9654 to the December average rate of 34.7541, the exchange rate registered a net change of 8.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 36.3151 was up 6.96% compared to the 2010 peak of 33.9505, 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 SYP 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 33.8037, compared to 34.5567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7530 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was November, with a trading range of 2.5421 SYP (High: 36.3151 / Low: 33.7730). On the other end, February was the most stable month, with a tight range of 0.7011 SYP (High: 32.9634 / Low: 32.2623).
Growth Streaks & Declines
TrendsBetween January and April, 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 August and September, when the average rate fell by 0.8485 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2011: 34.5795) against the same month in 2010 (average: 32.3566), the exchange rate shifted by +2.2229 (+6.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.7628 | 30.9455 | 31.9654 |
| February | 32.9634 | 32.2623 | 32.6145 |
| March | 34.4676 | 32.8884 | 33.4353 |
| April | 36.0898 | 34.2820 | 35.0851 |
| May | 36.1584 | 33.9830 | 34.8343 |
| June | 35.5248 | 34.1573 | 34.8875 |
| July | 35.1450 | 33.9169 | 34.6413 |
| August | 35.1340 | 34.2927 | 34.7669 |
| September | 34.6421 | 33.0895 | 33.9185 |
| October | 35.6278 | 33.5284 | 34.6797 |
| November | 36.3151 | 33.7730 | 34.5795 |
| December | 35.6706 | 34.3318 | 34.7541 |