2011 FJD to BGN Historical Review

YEARLY HIGH

0.8318 BGN

YEARLY LOW

0.7456 BGN

YEARLY AVERAGE

0.7816 BGN

2011 FJD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FJD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.8318. Conversely, the yearly low was recorded on April 13, dropping to 0.7456.

This high-to-low spread represents a total annual volatility of 0.0861 BGN. From a start-to-finish perspective, comparing the January average rate of 0.7953 to the December average rate of 0.8114, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8318 was up 2.56% compared to the 2010 peak of 0.8110, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,159 BGN

2010 Average 3,831 BGN

Yearly Trough Low 3,728 BGN

Transaction Impact: A difference of 430.68 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8166

0.7543

JanuMarcMayJulySeptNove

FJD 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 0.7723, compared to 0.7908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.7723

H2 Avg (Jul–Dec) 0.7908

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0545 BGN (High: 0.8283 / Low: 0.7738). On the other end, March was the most stable month, with a tight range of 0.0240 BGN (High: 0.7718 / Low: 0.7478).

January Spread (Volatile) ±0.0545

March Spread (Stable) ±0.0240

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 0.0179 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.8114) against the same month in 2010 (average: 0.7954), the exchange rate shifted by +0.0160 (+2.01%).

2011 Avg (December) 0.8114

2010 Avg (December) 0.7954

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8283	0.7738	0.7953
February	0.7937	0.7633	0.7791
March	0.7718	0.7478	0.7612
April	0.7705	0.7456	0.7595
May	0.7842	0.7480	0.7685
June	0.7861	0.7548	0.7704
July	0.8179	0.7729	0.7866
August	0.8047	0.7658	0.7800
September	0.8100	0.7774	0.7924
October	0.8083	0.7596	0.7802
November	0.8139	0.7872	0.7946
December	0.8318	0.7940	0.8114