2011 JOD to BGN Historical Review

YEARLY HIGH

2.1397 BGN

YEARLY LOW

1.8542 BGN

YEARLY AVERAGE

1.9844 BGN

2011 JOD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the JOD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.1397. Conversely, the yearly low was recorded on May 4, dropping to 1.8542.

This high-to-low spread represents a total annual volatility of 0.2855 BGN. From a start-to-finish perspective, comparing the January average rate of 2.0658 to the December average rate of 2.0934, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.1397 was down 7.39% compared to the 2010 peak of 2.3104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,699 BGN

2010 Average 10,426 BGN

Yearly Trough Low 9,271 BGN

Transaction Impact: A difference of 1,427.60 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.1118

1.8911

JanuMarcMayJulySeptNove

JOD 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 1.9685, compared to 2.0003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0318 points.

H1 Avg (Jan–Jun) 1.9685

H2 Avg (Jul–Dec) 2.0003

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1472 BGN (High: 2.0933 / Low: 1.9461). On the other end, August was the most stable month, with a tight range of 0.0478 BGN (High: 1.9522 / Low: 1.9044).

October Spread (Volatile) ±0.1472

August Spread (Stable) ±0.0478

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 March and April, when the average rate fell by 0.0625 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0625

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.0934) against the same month in 2010 (average: 2.0883), the exchange rate shifted by +0.0051 (+0.25%).

2011 Avg (December) 2.0934

2010 Avg (December) 2.0883

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1383	2.0124	2.0658
February	2.0536	1.9944	2.0227
March	2.0047	1.9422	1.9720
April	1.9501	1.8563	1.9095
May	1.9672	1.8542	1.9224
June	1.9584	1.8833	1.9185
July	1.9743	1.9028	1.9328
August	1.9522	1.9044	1.9258
September	2.0562	1.9313	2.0030
October	2.0933	1.9461	2.0112
November	2.0869	1.9955	2.0354
December	2.1397	2.0427	2.0934