YEARLY HIGH
0.0099 BGN
YEARLY LOW
0.0085 BGN
YEARLY AVERAGE
0.0090 BGN

2011 NGN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0099. Conversely, the yearly low was recorded on May 4, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0014 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0096 to the December average rate of 0.0091, the exchange rate registered a net change of -4.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0099 was down 8.48% compared to the 2010 peak of 0.0108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 9,914 BGN
2010 Average 9,777 BGN
Yearly Trough Low 8,487 BGN
Transaction Impact: A difference of 1,427.82 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0097
0.0086
JanuMarcMayJulySeptNove

NGN 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 0.0090, compared to 0.0090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0090
H2 Avg (Jul–Dec) 0.0090

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0007 BGN (High: 0.0094 / Low: 0.0087). On the other end, June was the most stable month, with a tight range of 0.0003 BGN (High: 0.0089 / Low: 0.0086).

October Spread (Volatile) ±0.0007
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 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 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0096) against the same month in 2010 (average: 0.0091), the exchange rate shifted by +0.0005 (+5.24%).

2011 Avg (January) 0.0096
2010 Avg (January) 0.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0099 0.0094 0.0096
February 0.0095 0.0092 0.0094
March 0.0092 0.0089 0.0090
April 0.0090 0.0085 0.0088
May 0.0089 0.0085 0.0087
June 0.0089 0.0086 0.0087
July 0.0092 0.0088 0.0090
August 0.0091 0.0087 0.0089
September 0.0093 0.0088 0.0091
October 0.0094 0.0087 0.0089
November 0.0093 0.0089 0.0091
December 0.0093 0.0090 0.0091