2011 NOK to BGN Historical Review

YEARLY HIGH

0.2585 BGN

YEARLY LOW

0.2443 BGN

YEARLY AVERAGE

0.2510 BGN

2011 NOK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.2585. Conversely, the yearly low was recorded on May 5, dropping to 0.2443.

This high-to-low spread represents a total annual volatility of 0.0142 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2499 to the December average rate of 0.2524, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2585 was up 2.10% compared to the 2010 peak of 0.2532, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,293 BGN

2010 Average 1,222 BGN

Yearly Trough Low 1,222 BGN

Transaction Impact: A difference of 71.00 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2536

0.2487

JanuMarcMayJulySeptNove

NOK 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 0.2500, compared to 0.2520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.2500

H2 Avg (Jul–Dec) 0.2520

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0108 BGN (High: 0.2585 / Low: 0.2478). On the other end, April was the most stable month, with a tight range of 0.0042 BGN (High: 0.2519 / Low: 0.2477).

September Spread (Volatile) ±0.0108

April Spread (Stable) ±0.0042

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 April and May, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.2532) against the same month in 2010 (average: 0.2473), the exchange rate shifted by +0.0059 (+2.38%).

2011 Avg (September) 0.2532

2010 Avg (September) 0.2473

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2544	0.2457	0.2499
February	0.2533	0.2467	0.2502
March	0.2546	0.2473	0.2499
April	0.2519	0.2477	0.2508
May	0.2524	0.2443	0.2491
June	0.2522	0.2474	0.2499
July	0.2540	0.2487	0.2516
August	0.2559	0.2482	0.2509
September	0.2585	0.2478	0.2532
October	0.2564	0.2472	0.2525
November	0.2540	0.2494	0.2514
December	0.2549	0.2498	0.2524