2013 PEN to BGN Historical Review

YEARLY HIGH

0.5907 BGN

YEARLY LOW

0.5072 BGN

YEARLY AVERAGE

0.5464 BGN

2013 PEN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the PEN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.5907. Conversely, the yearly low was recorded on December 29, dropping to 0.5072.

This high-to-low spread represents a total annual volatility of 0.0835 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5772 to the December average rate of 0.5128, the exchange rate registered a net change of -11.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.5907 was down 3.66% compared to the 2012 peak of 0.6131, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,954 BGN

2012 Average 2,888 BGN

Yearly Trough Low 2,536 BGN

Transaction Impact: A difference of 417.64 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.5888

0.5059

JanuMarcMayJulySeptNove

PEN 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 0.5694, compared to 0.5234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0460 points.

H1 Avg (Jan–Jun) 0.5694

H2 Avg (Jul–Dec) 0.5234

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 0.0265 BGN (High: 0.5883 / Low: 0.5618). On the other end, November was the most stable month, with a tight range of 0.0090 BGN (High: 0.5224 / Low: 0.5134).

January Spread (Volatile) ±0.0265

November Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0308 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.5819) against the same month in 2012 (average: 0.5549), the exchange rate shifted by +0.0270 (+4.86%).

2013 Avg (March) 0.5819

2012 Avg (March) 0.5549

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5883	0.5618	0.5772
February	0.5777	0.5554	0.5676
March	0.5907	0.5739	0.5819
April	0.5896	0.5660	0.5788
May	0.5815	0.5554	0.5708
June	0.5548	0.5301	0.5399
July	0.5488	0.5284	0.5387
August	0.5298	0.5191	0.5247
September	0.5305	0.5214	0.5273
October	0.5230	0.5134	0.5181
November	0.5224	0.5134	0.5188
December	0.5173	0.5072	0.5128