2011 NPR to BGN Historical Review

YEARLY HIGH

0.0213 BGN

YEARLY LOW

0.0174 BGN

YEARLY AVERAGE

0.0190 BGN

2011 NPR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NPR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0213. Conversely, the yearly low was recorded on December 1, dropping to 0.0174.

This high-to-low spread represents a total annual volatility of 0.0039 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0206 to the December average rate of 0.0177, the exchange rate registered a net change of -13.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0213 was down 5.89% compared to the 2010 peak of 0.0226, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106 BGN

2010 Average 103 BGN

Yearly Trough Low 87 BGN

Transaction Impact: A difference of 19.56 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0209

0.0174

JanuMarcMayJulySeptNove

NPR 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 0.0196, compared to 0.0185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0196

H2 Avg (Jul–Dec) 0.0185

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0014 BGN (High: 0.0192 / Low: 0.0178). On the other end, September was the most stable month, with a tight range of 0.0004 BGN (High: 0.0190 / Low: 0.0186).

October Spread (Volatile) ±0.0014

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0206) against the same month in 2010 (average: 0.0191), the exchange rate shifted by +0.0014 (+7.41%).

2011 Avg (January) 0.0206

2010 Avg (January) 0.0191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0213	0.0200	0.0206
February	0.0205	0.0198	0.0201
March	0.0200	0.0194	0.0197
April	0.0196	0.0186	0.0191
May	0.0192	0.0184	0.0189
June	0.0193	0.0187	0.0189
July	0.0195	0.0189	0.0193
August	0.0196	0.0184	0.0188
September	0.0190	0.0186	0.0188
October	0.0192	0.0178	0.0184
November	0.0185	0.0176	0.0181
December	0.0183	0.0174	0.0177