2011 MMK to BGN Historical Review

YEARLY HIGH

0.2352 BGN

YEARLY LOW

0.2019 BGN

YEARLY AVERAGE

0.2168 BGN

2011 MMK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.2352. Conversely, the yearly low was recorded on May 4, dropping to 0.2019.

This high-to-low spread represents a total annual volatility of 0.0333 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2249 to the December average rate of 0.2293, the exchange rate registered a net change of 1.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2352 was down 6.50% compared to the 2010 peak of 0.2516, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,176 BGN

2010 Average 1,135 BGN

Yearly Trough Low 1,009 BGN

Transaction Impact: A difference of 166.68 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2314

0.2058

JanuMarcMayJulySeptNove

MMK 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 0.2143, compared to 0.2193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.2143

H2 Avg (Jul–Dec) 0.2193

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0168 BGN (High: 0.2271 / Low: 0.2103). On the other end, February was the most stable month, with a tight range of 0.0064 BGN (High: 0.2235 / Low: 0.2172).

September Spread (Volatile) ±0.0168

February Spread (Stable) ±0.0064

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 0.0068 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.2293) against the same month in 2010 (average: 0.2273), the exchange rate shifted by +0.0020 (+0.88%).

2011 Avg (December) 0.2293

2010 Avg (December) 0.2273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2328	0.2190	0.2249
February	0.2235	0.2172	0.2202
March	0.2181	0.2114	0.2147
April	0.2125	0.2022	0.2079
May	0.2143	0.2019	0.2093
June	0.2133	0.2050	0.2089
July	0.2150	0.2072	0.2111
August	0.2141	0.2074	0.2111
September	0.2271	0.2103	0.2202
October	0.2288	0.2121	0.2206
November	0.2310	0.2181	0.2234
December	0.2352	0.2225	0.2293