2011 VUV to BGN Historical Review

YEARLY HIGH

0.0163 BGN

YEARLY LOW

0.0146 BGN

YEARLY AVERAGE

0.0154 BGN

2011 VUV to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VUV to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0163. Conversely, the yearly low was recorded on March 21, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0017 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0156 to the December average rate of 0.0160, the exchange rate registered a net change of 2.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0163 was up 0.60% compared to the 2010 peak of 0.0162, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81 BGN

2010 Average 76 BGN

Yearly Trough Low 73 BGN

Transaction Impact: A difference of 8.29 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0161

0.0147

JanuMarcMayJulySeptNove

VUV 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 0.0152, compared to 0.0157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0152

H2 Avg (Jul–Dec) 0.0157

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0010 BGN (High: 0.0157 / Low: 0.0147). On the other end, April was the most stable month, with a tight range of 0.0005 BGN (High: 0.0151 / Low: 0.0147).

May Spread (Volatile) ±0.0010

April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0160) against the same month in 2010 (average: 0.0157), the exchange rate shifted by +0.0003 (+1.93%).

2011 Avg (December) 0.0160

2010 Avg (December) 0.0157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0161	0.0153	0.0156
February	0.0156	0.0151	0.0154
March	0.0154	0.0146	0.0150
April	0.0151	0.0147	0.0148
May	0.0157	0.0147	0.0152
June	0.0158	0.0150	0.0153
July	0.0159	0.0153	0.0155
August	0.0157	0.0149	0.0153
September	0.0162	0.0153	0.0158
October	0.0161	0.0153	0.0156
November	0.0162	0.0154	0.0158
December	0.0163	0.0158	0.0160