YEARLY HIGH
2.4134 BGN
YEARLY LOW
2.1459 BGN
YEARLY AVERAGE
2.2805 BGN

2010 GIP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GIP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 2.4134. Conversely, the yearly low was recorded on March 10, dropping to 2.1459.

This high-to-low spread represents a total annual volatility of 0.2675 BGN. From a start-to-finish perspective, comparing the January average rate of 2.2164 to the December average rate of 2.3072, the exchange rate registered a net change of 4.10% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 12,067 BGN
Yearly Average 11,403 BGN
Yearly Trough Low 10,730 BGN
Transaction Impact: A difference of 1,337.25 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.3950
2.1490
JanuMarcMayJulySeptNove

GIP 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 2.2484, compared to 2.3126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0642 points.

H1 Avg (Jan–Jun) 2.2484
H2 Avg (Jul–Dec) 2.3126

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.1097 BGN (High: 2.3792 / Low: 2.2695). On the other end, March was the most stable month, with a tight range of 0.0521 BGN (High: 2.1980 / Low: 2.1459).

September Spread (Volatile) ±0.1097
March Spread (Stable) ±0.0521

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0989 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0989

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 2.3621.

2010 Avg (June) 2.3621
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2700 2.1720 2.2164
February 2.2543 2.1909 2.2310
March 2.1980 2.1459 2.1695
April 2.2679 2.2103 2.2342
May 2.3202 2.2454 2.2773
June 2.4134 2.3403 2.3621
July 2.3926 2.3056 2.3416
August 2.3954 2.3417 2.3745
September 2.3792 2.2695 2.3317
October 2.2595 2.1913 2.2328
November 2.3349 2.2330 2.2879
December 2.3375 2.2722 2.3072