2012 BGN to CVE Historical Review

YEARLY HIGH

57.0991 CVE

YEARLY LOW

55.3715 CVE

YEARLY AVERAGE

56.4404 CVE

2012 BGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 57.0991. Conversely, the yearly low was recorded on September 27, dropping to 55.3715.

This high-to-low spread represents a total annual volatility of 1.7276 CVE. From a start-to-finish perspective, comparing the January average rate of 56.3835 to the December average rate of 56.4819, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 57.0991 was up 0.58% compared to the 2011 peak of 56.7725, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 285,496 CVE

2011 Average 281,882 CVE

Yearly Trough Low 276,858 CVE

Transaction Impact: A difference of 8,638.06 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

56.6448

56.3076

JanuMarcMayJulySeptNove

BGN to CVE 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 56.3799, compared to 56.5008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1208 points.

H1 Avg (Jan–Jun) 56.3799

H2 Avg (Jul–Dec) 56.5008

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 1.7226 CVE (High: 57.0941 / Low: 55.3715). On the other end, November was the most stable month, with a tight range of 0.3253 CVE (High: 56.6254 / Low: 56.3001).

September Spread (Volatile) ±1.7226

November Spread (Stable) ±0.3253

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, when the average rate fell by 0.2608 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 56.6167) against the same month in 2011 (average: 56.3764), the exchange rate shifted by +0.2403 (+0.43%).

2012 Avg (August) 56.6167

2011 Avg (August) 56.3764

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.6562	56.0418	56.3835
February	56.8378	55.9201	56.4233
March	56.4945	56.1616	56.3722
April	56.5318	55.9930	56.3838
May	56.5355	55.7507	56.3812
June	56.6652	56.1032	56.3357
July	56.8248	56.3801	56.5969
August	57.0991	56.0323	56.6167
September	57.0941	55.3715	56.3559
October	56.7089	55.6902	56.4779
November	56.6254	56.3001	56.4755
December	56.7445	56.1704	56.4819

2012 BGN నుండి CVE చారిత్రక సమీక్ష