2013 GIP to BGN Historical Review

YEARLY HIGH

2.4432 BGN

YEARLY LOW

2.2385 BGN

YEARLY AVERAGE

2.3204 BGN

2013 GIP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GIP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 2.4432. Conversely, the yearly low was recorded on July 31, dropping to 2.2385.

This high-to-low spread represents a total annual volatility of 0.2048 BGN. From a start-to-finish perspective, comparing the January average rate of 2.3518 to the December average rate of 2.3400, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.4432 was down 4.16% compared to the 2012 peak of 2.5492, 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 12,216 BGN

2012 Average 12,078 BGN

Yearly Trough Low 11,192 BGN

Transaction Impact: A difference of 1,023.80 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.4272

2.2558

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 2.3311, compared to 2.3097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 2.3311

H2 Avg (Jul–Dec) 2.3097

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.1603 BGN (High: 2.4384 / Low: 2.2781). On the other end, June was the most stable month, with a tight range of 0.0385 BGN (High: 2.3132 / Low: 2.2747).

April Spread (Volatile) ±0.1603

June Spread (Stable) ±0.0385

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.1073 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 2.4129) against the same month in 2012 (average: 2.3466), the exchange rate shifted by +0.0662 (+2.82%).

2013 Avg (March) 2.4129

2012 Avg (March) 2.3466

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3972	2.2981	2.3518
February	2.3886	2.2720	2.3136
March	2.4432	2.3943	2.4129
April	2.4384	2.2781	2.3056
May	2.3236	2.2834	2.3064
June	2.3132	2.2747	2.2963
July	2.2996	2.2385	2.2701
August	2.2968	2.2387	2.2778
September	2.3450	2.2960	2.3252
October	2.3391	2.2813	2.3082
November	2.3569	2.3059	2.3369
December	2.3646	2.3137	2.3400