2011 GHS to BGN Historical Review

YEARLY HIGH

1.0445 BGN

YEARLY LOW

0.8631 BGN

YEARLY AVERAGE

0.9112 BGN

2011 GHS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GHS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 1.0445. Conversely, the yearly low was recorded on October 28, dropping to 0.8631.

This high-to-low spread represents a total annual volatility of 0.1814 BGN. From a start-to-finish perspective, comparing the January average rate of 0.9741 to the December average rate of 0.9056, the exchange rate registered a net change of -7.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0445 was down 9.08% compared to the 2010 peak of 1.1488, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,222 BGN

2010 Average 5,154 BGN

Yearly Trough Low 4,315 BGN

Transaction Impact: A difference of 907.00 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9831

0.8758

JanuMarcMayJulySeptNove

GHS 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 0.9235, compared to 0.8988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 0.9235

H2 Avg (Jul–Dec) 0.8988

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.1420 BGN (High: 1.0445 / Low: 0.9025). On the other end, August was the most stable month, with a tight range of 0.0259 BGN (High: 0.9117 / Low: 0.8858).

February Spread (Volatile) ±0.1420

August Spread (Stable) ±0.0259

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0357 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 0.9526) against the same month in 2010 (average: 1.0005), the exchange rate shifted by -0.0479 (-4.79%).

2011 Avg (February) 0.9526

2010 Avg (February) 1.0005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0259	0.9117	0.9741
February	1.0445	0.9025	0.9526
March	0.9371	0.8994	0.9169
April	0.9205	0.8769	0.8975
May	0.9235	0.8699	0.9028
June	0.9165	0.8763	0.8972
July	0.9220	0.8865	0.9048
August	0.9117	0.8858	0.8949
September	0.9314	0.8941	0.9117
October	0.9230	0.8631	0.8848
November	0.9030	0.8735	0.8913
December	0.9263	0.8805	0.9056