YEARLY HIGH
0.8967 BGN
YEARLY LOW
0.7715 BGN
YEARLY AVERAGE
0.8260 BGN

2010 GEL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GEL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 0.8967. Conversely, the yearly low was recorded on October 18, dropping to 0.7715.

This high-to-low spread represents a total annual volatility of 0.1252 BGN. From a start-to-finish perspective, comparing the January average rate of 0.8016 to the December average rate of 0.8394, the exchange rate registered a net change of 4.72% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 4,483 BGN
Yearly Average 4,130 BGN
Yearly Trough Low 3,857 BGN
Transaction Impact: A difference of 626.11 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.8716
0.7763
JanuMarcMayJulySeptNove

GEL 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 0.8333, compared to 0.8186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.8333
H2 Avg (Jul–Dec) 0.8186

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.0735 BGN (High: 0.8519 / Low: 0.7784). On the other end, April was the most stable month, with a tight range of 0.0121 BGN (High: 0.8393 / Low: 0.8272).

November Spread (Volatile) ±0.0735
April Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0337 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0337

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 0.8452.

2010 Avg (May) 0.8452
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8137 0.7881 0.8016
February 0.8442 0.8060 0.8258
March 0.8451 0.8206 0.8351
April 0.8393 0.8272 0.8288
May 0.8967 0.8278 0.8452
June 0.8960 0.8372 0.8637
July 0.8645 0.8131 0.8321
August 0.8427 0.8019 0.8248
September 0.8351 0.7933 0.8180
October 0.7958 0.7715 0.7842
November 0.8519 0.7784 0.8130
December 0.8502 0.8259 0.8394