2011 GMD to BGN Historical Review

YEARLY HIGH

0.0549 BGN

YEARLY LOW

0.0468 BGN

YEARLY AVERAGE

0.0499 BGN

2011 GMD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GMD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0549. Conversely, the yearly low was recorded on October 28, dropping to 0.0468.

This high-to-low spread represents a total annual volatility of 0.0080 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0528 to the December average rate of 0.0513, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0549 was down 7.12% compared to the 2010 peak of 0.0591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 274 BGN

2010 Average 268 BGN

Yearly Trough Low 234 BGN

Transaction Impact: A difference of 40.06 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0532

0.0484

JanuMarcMayJulySeptNove

GMD 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 0.0503, compared to 0.0495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0503

H2 Avg (Jul–Dec) 0.0495

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0045 BGN (High: 0.0519 / Low: 0.0475). On the other end, September was the most stable month, with a tight range of 0.0023 BGN (High: 0.0500 / Low: 0.0476).

June Spread (Volatile) ±0.0045

September Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0528) against the same month in 2010 (average: 0.0522), the exchange rate shifted by +0.0006 (+1.09%).

2011 Avg (January) 0.0528

2010 Avg (January) 0.0522

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0549	0.0506	0.0528
February	0.0529	0.0500	0.0511
March	0.0521	0.0495	0.0506
April	0.0516	0.0476	0.0491
May	0.0507	0.0471	0.0492
June	0.0519	0.0475	0.0493
July	0.0515	0.0482	0.0495
August	0.0506	0.0469	0.0491
September	0.0500	0.0476	0.0488
October	0.0507	0.0468	0.0491
November	0.0514	0.0477	0.0495
December	0.0531	0.0490	0.0513