2011 JMD to BGN Historical Review

YEARLY HIGH

0.0176 BGN

YEARLY LOW

0.0154 BGN

YEARLY AVERAGE

0.0164 BGN

2011 JMD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the JMD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0176. Conversely, the yearly low was recorded on May 4, dropping to 0.0154.

This high-to-low spread represents a total annual volatility of 0.0022 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0169 to the December average rate of 0.0172, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0176 was down 5.60% compared to the 2010 peak of 0.0187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88 BGN

2010 Average 84 BGN

Yearly Trough Low 77 BGN

Transaction Impact: A difference of 10.94 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0174

0.0157

JanuMarcMayJulySeptNove

JMD 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 0.0162, compared to 0.0165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0162

H2 Avg (Jul–Dec) 0.0165

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0012 BGN (High: 0.0173 / Low: 0.0161). On the other end, August was the most stable month, with a tight range of 0.0004 BGN (High: 0.0162 / Low: 0.0158).

October Spread (Volatile) ±0.0012

August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0172) against the same month in 2010 (average: 0.0170), the exchange rate shifted by +0.0002 (+1.10%).

2011 Avg (December) 0.0172

2010 Avg (December) 0.0170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0174	0.0164	0.0169
February	0.0168	0.0162	0.0165
March	0.0163	0.0158	0.0161
April	0.0162	0.0154	0.0158
May	0.0164	0.0154	0.0160
June	0.0163	0.0157	0.0160
July	0.0165	0.0158	0.0161
August	0.0162	0.0158	0.0160
September	0.0170	0.0160	0.0166
October	0.0173	0.0161	0.0166
November	0.0172	0.0165	0.0168
December	0.0176	0.0168	0.0172