2012 GIP to BGN Historical Review

YEARLY HIGH

2.5492 BGN

YEARLY LOW

2.3142 BGN

YEARLY AVERAGE

2.4154 BGN

2012 GIP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GIP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 2.5492. Conversely, the yearly low was recorded on February 24, dropping to 2.3142.

This high-to-low spread represents a total annual volatility of 0.2349 BGN. From a start-to-finish perspective, comparing the January average rate of 2.3537 to the December average rate of 2.3950, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.5492 was up 8.38% compared to the 2011 peak of 2.3520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,746 BGN

2011 Average 11,271 BGN

Yearly Trough Low 11,571 BGN

Transaction Impact: A difference of 1,174.69 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.5257

2.3247

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 2.3805, compared to 2.4502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0697 points.

H1 Avg (Jan–Jun) 2.3805

H2 Avg (Jul–Dec) 2.4502

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.1127 BGN (High: 2.5492 / Low: 2.4365). On the other end, March was the most stable month, with a tight range of 0.0314 BGN (High: 2.3642 / Low: 2.3328).

July Spread (Volatile) ±0.1127

March Spread (Stable) ±0.0314

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.0603 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0603

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 2.5090) against the same month in 2011 (average: 2.2093), the exchange rate shifted by +0.2997 (+13.56%).

2012 Avg (July) 2.5090

2011 Avg (July) 2.2093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3759	2.3360	2.3537
February	2.3728	2.3142	2.3414
March	2.3642	2.3328	2.3466
April	2.4055	2.3393	2.3804
May	2.4481	2.4062	2.4317
June	2.4511	2.4124	2.4293
July	2.5492	2.4365	2.5090
August	2.5245	2.4739	2.5024
September	2.4798	2.4034	2.4421
October	2.4394	2.3908	2.4166
November	2.4544	2.4101	2.4361
December	2.4248	2.3681	2.3950