2012 JEP to BGN Historical Review

YEARLY HIGH

1.6190 BGN

YEARLY LOW

1.4576 BGN

YEARLY AVERAGE

1.5232 BGN

2012 JEP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the JEP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 1.6190. Conversely, the yearly low was recorded on February 28, dropping to 1.4576.

This high-to-low spread represents a total annual volatility of 0.1613 BGN. From a start-to-finish perspective, comparing the January average rate of 1.5174 to the December average rate of 1.4916, the exchange rate registered a net change of -1.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.6190 was up 6.60% compared to the 2011 peak of 1.5187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,095 BGN

2011 Average 7,033 BGN

Yearly Trough Low 7,288 BGN

Transaction Impact: A difference of 806.74 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.6030

1.4696

JanuMarcMayJulySeptNove

JEP 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 1.5101, compared to 1.5363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0263 points.

H1 Avg (Jan–Jun) 1.5101

H2 Avg (Jul–Dec) 1.5363

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0962 BGN (High: 1.5781 / Low: 1.4820). On the other end, October was the most stable month, with a tight range of 0.0263 BGN (High: 1.5192 / Low: 1.4929).

May Spread (Volatile) ±0.0962

October Spread (Stable) ±0.0263

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0570 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 1.5919) against the same month in 2011 (average: 1.3700), the exchange rate shifted by +0.2219 (+16.20%).

2012 Avg (July) 1.5919

2011 Avg (July) 1.3700

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5450	1.4856	1.5174
February	1.5078	1.4576	1.4808
March	1.4992	1.4668	1.4829
April	1.4993	1.4688	1.4874
May	1.5781	1.4820	1.5276
June	1.5898	1.5408	1.5643
July	1.6190	1.5507	1.5919
August	1.5947	1.5532	1.5791
September	1.5567	1.4925	1.5221
October	1.5192	1.4929	1.5078
November	1.5406	1.5062	1.5253
December	1.5130	1.4755	1.4916