2011 BGN to WST Historical Review

YEARLY HIGH

1.7888 WST

YEARLY LOW

1.5320 WST

YEARLY AVERAGE

1.6519 WST

2011 BGN to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 1.7888. Conversely, the yearly low was recorded on January 11, dropping to 1.5320.

This high-to-low spread represents a total annual volatility of 0.2568 WST. From a start-to-finish perspective, comparing the January average rate of 1.6076 to the December average rate of 1.6145, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.7888 was down 6.29% compared to the 2010 peak of 1.9089, 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 8,944 WST

2010 Average 8,508 WST

Yearly Trough Low 7,660 WST

Transaction Impact: A difference of 1,283.89 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.7364

1.5959

JanuMarcMayJulySeptNove

BGN to WST 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 1.6738, compared to 1.6300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0438 points.

H1 Avg (Jan–Jun) 1.6738

H2 Avg (Jul–Dec) 1.6300

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.1573 WST (High: 1.6893 / Low: 1.5320). On the other end, February was the most stable month, with a tight range of 0.0645 WST (High: 1.6748 / Low: 1.6103).

January Spread (Volatile) ±0.1573

February Spread (Stable) ±0.0645

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 0.0438 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.7246) against the same month in 2010 (average: 1.7445), the exchange rate shifted by -0.0199 (-1.14%).

2011 Avg (April) 1.7246

2010 Avg (April) 1.7445

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6893	1.5320	1.6076
February	1.6748	1.6103	1.6447
March	1.7301	1.6475	1.6828
April	1.7888	1.6861	1.7246
May	1.7730	1.6418	1.6938
June	1.7370	1.6520	1.6895
July	1.6954	1.5998	1.6457
August	1.6874	1.5653	1.6430
September	1.6541	1.5792	1.6115
October	1.6774	1.5804	1.6378
November	1.6617	1.5935	1.6276
December	1.6632	1.5756	1.6145