2011 FKP to BGN Historical Review

YEARLY HIGH

2.3635 BGN

YEARLY LOW

2.1656 BGN

YEARLY AVERAGE

2.2550 BGN

2011 FKP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FKP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.3635. Conversely, the yearly low was recorded on July 1, dropping to 2.1656.

This high-to-low spread represents a total annual volatility of 0.1978 BGN. From a start-to-finish perspective, comparing the January average rate of 2.3081 to the December average rate of 2.3176, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.3635 was down 2.09% compared to the 2010 peak of 2.4139, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,817 BGN

2010 Average 11,405 BGN

Yearly Trough Low 10,828 BGN

Transaction Impact: A difference of 989.08 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.3288

2.1934

JanuMarcMayJulySeptNove

FKP 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 2.2542, compared to 2.2559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 2.2542

H2 Avg (Jul–Dec) 2.2559

Volatility Range Comparison

Volatility

The most volatile month in 2011 was March, with a trading range of 0.0990 BGN (High: 2.3097 / Low: 2.2107). On the other end, November was the most stable month, with a tight range of 0.0311 BGN (High: 2.2922 / Low: 2.2611).

March Spread (Volatile) ±0.0990

November Spread (Stable) ±0.0311

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0545 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 2.3081) against the same month in 2010 (average: 2.2149), the exchange rate shifted by +0.0931 (+4.20%).

2011 Avg (January) 2.3081

2010 Avg (January) 2.2149

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3635	2.2671	2.3081
February	2.3349	2.2893	2.3116
March	2.3097	2.2107	2.2572
April	2.2451	2.1962	2.2162
May	2.2598	2.1702	2.2277
June	2.2395	2.1690	2.2047
July	2.2441	2.1656	2.2122
August	2.2577	2.2040	2.2326
September	2.2728	2.2177	2.2427
October	2.2900	2.2262	2.2488
November	2.2922	2.2611	2.2813
December	2.3515	2.2679	2.3176