YEARLY HIGH
5.8254 ZAR
YEARLY LOW
4.5115 ZAR
YEARLY AVERAGE
5.1571 ZAR

2011 BGN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 5.8254. Conversely, the yearly low was recorded on January 3, dropping to 4.5115.

This high-to-low spread represents a total annual volatility of 1.3139 ZAR. From a start-to-finish perspective, comparing the January average rate of 4.7367 to the December average rate of 5.5098, the exchange rate registered a net change of 16.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 5.8254 was up 5.65% compared to the 2010 peak of 5.5140, 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 29,127 ZAR
2010 Average 24,806 ZAR
Yearly Trough Low 22,557 ZAR
Transaction Impact: A difference of 6,569.63 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

5.7349
4.6460
JanuMarcMayJulySeptNove

BGN to ZAR 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 4.9488, compared to 5.3654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4167 points.

H1 Avg (Jan–Jun) 4.9488
H2 Avg (Jul–Dec) 5.3654

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.6256 ZAR (High: 5.7399 / Low: 5.1143). On the other end, June was the most stable month, with a tight range of 0.1042 ZAR (High: 5.0423 / Low: 4.9380).

September Spread (Volatile) ±0.6256
June Spread (Stable) ±0.1042

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1343 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 5.6441) against the same month in 2010 (average: 4.8721), the exchange rate shifted by +0.7720 (+15.85%).

2011 Avg (November) 5.6441
2010 Avg (November) 4.8721

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.0300 4.5115 4.7367
February 5.0887 4.9206 5.0120
March 5.0728 4.8672 4.9479
April 5.0594 4.8631 4.9674
May 5.0971 4.9553 5.0337
June 5.0423 4.9380 4.9948
July 5.0361 4.8710 4.9508
August 5.3372 4.8942 5.1971
September 5.7399 5.1143 5.3145
October 5.7491 5.4308 5.5764
November 5.8254 5.5280 5.6441
December 5.5982 5.3472 5.5098