2010 GEL to BGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
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).
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 0.8452.
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 |