YEARLY HIGH
1.3176 TRY
YEARLY LOW
1.0365 TRY
YEARLY AVERAGE
1.1938 TRY

2011 BGN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 1.3176. Conversely, the yearly low was recorded on January 6, dropping to 1.0365.

This high-to-low spread represents a total annual volatility of 0.2812 TRY. From a start-to-finish perspective, comparing the January average rate of 1.0709 to the December average rate of 1.2589, the exchange rate registered a net change of 17.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.3176 was up 19.05% compared to the 2010 peak of 1.1068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,588 TRY
2010 Average 5,108 TRY
Yearly Trough Low 5,182 TRY
Transaction Impact: A difference of 1,405.84 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.3085
1.0493
JanuMarcMayJulySeptNove

BGN to TRY 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 1.1279, compared to 1.2596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1317 points.

H1 Avg (Jan–Jun) 1.1279
H2 Avg (Jul–Dec) 1.2596

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0874 TRY (High: 1.1238 / Low: 1.0365). On the other end, December was the most stable month, with a tight range of 0.0245 TRY (High: 1.2726 / Low: 1.2482).

January Spread (Volatile) ±0.0874
December Spread (Stable) ±0.0245

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0268 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 1.2869) against the same month in 2010 (average: 0.9958), the exchange rate shifted by +0.2911 (+29.23%).

2011 Avg (August) 1.2869
2010 Avg (August) 0.9958

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1238 1.0365 1.0709
February 1.1316 1.0934 1.1091
March 1.1486 1.1159 1.1301
April 1.1545 1.1052 1.1236
May 1.1739 1.1366 1.1562
June 1.2048 1.1569 1.1776
July 1.2645 1.1808 1.2090
August 1.3176 1.2343 1.2869
September 1.2899 1.2395 1.2648
October 1.3147 1.2562 1.2823
November 1.2795 1.2381 1.2556
December 1.2726 1.2482 1.2589