YEARLY HIGH
3.2424 VEF
YEARLY LOW
1.5670 VEF
YEARLY AVERAGE
2.8721 VEF

2010 BGN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the BGN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 3.2424. Conversely, the yearly low was recorded on January 8, dropping to 1.5670.

This high-to-low spread represents a total annual volatility of 1.6753 VEF. From a start-to-finish perspective, comparing the January average rate of 2.6269 to the December average rate of 2.9036, the exchange rate registered a net change of 10.54% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 16,212 VEF
Yearly Average 14,361 VEF
Yearly Trough Low 7,835 VEF
Transaction Impact: A difference of 8,376.63 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

3.0956
2.5843
JanuMarcMayJulySeptNove

BGN to VEF 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 2.8341, compared to 2.9102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0761 points.

H1 Avg (Jan–Jun) 2.8341
H2 Avg (Jul–Dec) 2.9102

Volatility Range Comparison

Volatility

The most volatile month in 2010 was January, with a trading range of 1.6753 VEF (High: 3.2424 / Low: 1.5670). On the other end, April was the most stable month, with a tight range of 0.0812 VEF (High: 2.9896 / Low: 2.9084).

January Spread (Volatile) ±1.6753
April Spread (Stable) ±0.0812

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1777 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1777

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 2.6269.

2010 Avg (January) 2.6269
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.2424 1.5670 2.6269
February 3.0707 2.9620 3.0002
March 3.0263 2.9288 2.9800
April 2.9896 2.9084 2.9467
May 2.9274 2.6840 2.7690
June 2.7209 2.6223 2.6820
July 2.8697 2.6978 2.8049
August 2.9101 2.7692 2.8309
September 2.9969 2.7881 2.8669
October 3.0975 3.0094 3.0529
November 3.1277 2.8541 3.0017
December 2.9501 2.8686 2.9036