2011 ETB to BGN Historical Review

YEARLY HIGH

0.1191 BGN

YEARLY LOW

0.0781 BGN

YEARLY AVERAGE

0.0899 BGN

2011 ETB to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.1191. Conversely, the yearly low was recorded on May 4, dropping to 0.0781.

This high-to-low spread represents a total annual volatility of 0.0410 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1150 to the December average rate of 0.0861, the exchange rate registered a net change of -25.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1191 was down 18.61% compared to the 2010 peak of 0.1464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 596 BGN

2010 Average 639 BGN

Yearly Trough Low 390 BGN

Transaction Impact: A difference of 205.08 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1185

0.0765

JanuMarcMayJulySeptNove

ETB 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 0.0970, compared to 0.0829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.0970

H2 Avg (Jul–Dec) 0.0829

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0298 BGN (High: 0.1081 / Low: 0.0782). On the other end, August was the most stable month, with a tight range of 0.0021 BGN (High: 0.0812 / Low: 0.0791).

April Spread (Volatile) ±0.0298

August Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.0253 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.1150) against the same month in 2010 (average: 0.1273), the exchange rate shifted by -0.0123 (-9.67%).

2011 Avg (January) 0.1150

2010 Avg (January) 0.1273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1191	0.1119	0.1150
February	0.1141	0.1107	0.1124
March	0.1111	0.1076	0.1093
April	0.1081	0.0782	0.0840
May	0.0825	0.0781	0.0809
June	0.0821	0.0791	0.0805
July	0.0825	0.0792	0.0806
August	0.0812	0.0791	0.0800
September	0.0851	0.0802	0.0830
October	0.0867	0.0806	0.0833
November	0.0861	0.0827	0.0841
December	0.0879	0.0842	0.0861