2012 MAD to BGN Historical Review

YEARLY HIGH

0.1789 BGN

YEARLY LOW

0.1748 BGN

YEARLY AVERAGE

0.1764 BGN

2012 MAD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MAD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.1789. Conversely, the yearly low was recorded on February 28, dropping to 0.1748.

This high-to-low spread represents a total annual volatility of 0.0042 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1762 to the December average rate of 0.1756, the exchange rate registered a net change of -0.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.1789 was up 1.32% compared to the 2011 peak of 0.1766, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 895 BGN

2011 Average 869 BGN

Yearly Trough Low 874 BGN

Transaction Impact: A difference of 20.89 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.1780

0.1753

JanuMarcMayJulySeptNove

MAD 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 0.1761, compared to 0.1766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1761

H2 Avg (Jul–Dec) 0.1766

Volatility Range Comparison

Volatility

The most volatile month in 2012 was June, with a trading range of 0.0024 BGN (High: 0.1789 / Low: 0.1766). On the other end, October was the most stable month, with a tight range of 0.0008 BGN (High: 0.1763 / Low: 0.1755).

June Spread (Volatile) ±0.0024

October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and July, 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 August and September, when the average rate fell by 0.0012 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 0.1775) against the same month in 2011 (average: 0.1727), the exchange rate shifted by +0.0048 (+2.75%).

2012 Avg (June) 0.1775

2011 Avg (June) 0.1727

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1768	0.1751	0.1762
February	0.1766	0.1748	0.1756
March	0.1765	0.1749	0.1755
April	0.1762	0.1749	0.1756
May	0.1775	0.1756	0.1764
June	0.1789	0.1766	0.1775
July	0.1784	0.1766	0.1778
August	0.1782	0.1770	0.1776
September	0.1775	0.1756	0.1764
October	0.1763	0.1755	0.1759
November	0.1769	0.1757	0.1763
December	0.1763	0.1751	0.1756