2011 BND to BGN Historical Review

YEARLY HIGH

1.1700 BGN

YEARLY LOW

1.0686 BGN

YEARLY AVERAGE

1.1190 BGN

2011 BND to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 1.1700. Conversely, the yearly low was recorded on May 5, dropping to 1.0686.

This high-to-low spread represents a total annual volatility of 0.1014 BGN. From a start-to-finish perspective, comparing the January average rate of 1.1368 to the December average rate of 1.1466, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1700 was up 0.82% compared to the 2010 peak of 1.1605, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,850 BGN

2010 Average 5,420 BGN

Yearly Trough Low 5,343 BGN

Transaction Impact: A difference of 506.96 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.1528

1.0789

JanuMarcMayJulySeptNove

BND to BGN 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 1.1081, compared to 1.1299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 1.1081

H2 Avg (Jul–Dec) 1.1299

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0595 BGN (High: 1.1700 / Low: 1.1105). On the other end, February was the most stable month, with a tight range of 0.0233 BGN (High: 1.1346 / Low: 1.1113).

January Spread (Volatile) ±0.0595

February Spread (Stable) ±0.0233

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0243 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.1368) against the same month in 2010 (average: 0.9814), the exchange rate shifted by +0.1554 (+15.84%).

2011 Avg (January) 1.1368

2010 Avg (January) 0.9814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1700	1.1105	1.1368
February	1.1346	1.1113	1.1230
March	1.1166	1.0861	1.1016
April	1.0987	1.0745	1.0851
May	1.1185	1.0686	1.1009
June	1.1203	1.0857	1.1013
July	1.1444	1.0980	1.1259
August	1.1476	1.1190	1.1282
September	1.1610	1.1261	1.1420
October	1.1524	1.0976	1.1177
November	1.1354	1.1112	1.1190
December	1.1676	1.1282	1.1466