2011 RON to BGN Historical Review

YEARLY HIGH

0.4803 BGN

YEARLY LOW

0.4476 BGN

YEARLY AVERAGE

0.4617 BGN

2011 RON to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RON to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.4803. Conversely, the yearly low was recorded on December 3, dropping to 0.4476.

This high-to-low spread represents a total annual volatility of 0.0327 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4586 to the December average rate of 0.4521, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4803 was down 0.21% compared to the 2010 peak of 0.4813, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,401 BGN

2010 Average 2,323 BGN

Yearly Trough Low 2,238 BGN

Transaction Impact: A difference of 163.34 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4799

0.4463

JanuMarcMayJulySeptNove

RON 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 0.4681, compared to 0.4553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.4681

H2 Avg (Jul–Dec) 0.4553

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0163 BGN (High: 0.4754 / Low: 0.4591). On the other end, November was the most stable month, with a tight range of 0.0040 BGN (High: 0.4520 / Low: 0.4480).

June Spread (Volatile) ±0.0163

November Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0084 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.4771) against the same month in 2010 (average: 0.4741), the exchange rate shifted by +0.0030 (+0.63%).

2011 Avg (April) 0.4771

2010 Avg (April) 0.4741

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4608	0.4560	0.4586
February	0.4647	0.4580	0.4607
March	0.4786	0.4644	0.4703
April	0.4803	0.4729	0.4771
May	0.4788	0.4724	0.4751
June	0.4754	0.4591	0.4667
July	0.4678	0.4564	0.4615
August	0.4641	0.4556	0.4599
September	0.4620	0.4484	0.4568
October	0.4549	0.4480	0.4524
November	0.4520	0.4480	0.4491
December	0.4566	0.4476	0.4521