2011 ZAR to BGN Historical Review

YEARLY HIGH

0.2217 BGN

YEARLY LOW

0.1717 BGN

YEARLY AVERAGE

0.1945 BGN

2011 ZAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.2217. Conversely, the yearly low was recorded on November 23, dropping to 0.1717.

This high-to-low spread represents a total annual volatility of 0.0500 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2114 to the December average rate of 0.1815, the exchange rate registered a net change of -14.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2217 was down 0.68% compared to the 2010 peak of 0.2232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 11,083 BGN

2010 Average 10,102 BGN

Yearly Trough Low 8,583 BGN

Transaction Impact: A difference of 2,499.73 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2149

0.1738

JanuMarcMayJulySeptNove

ZAR 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 0.2022, compared to 0.1869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.2022

H2 Avg (Jul–Dec) 0.1869

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0229 BGN (High: 0.2217 / Low: 0.1988). On the other end, June was the most stable month, with a tight range of 0.0042 BGN (High: 0.2025 / Low: 0.1983).

January Spread (Volatile) ±0.0229

June Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.0119 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2114) against the same month in 2010 (average: 0.1837), the exchange rate shifted by +0.0278 (+15.13%).

2011 Avg (January) 0.2114

2010 Avg (January) 0.1837

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2217	0.1988	0.2114
February	0.2032	0.1965	0.1995
March	0.2055	0.1971	0.2021
April	0.2056	0.1977	0.2014
May	0.2018	0.1962	0.1987
June	0.2025	0.1983	0.2002
July	0.2053	0.1986	0.2020
August	0.2043	0.1874	0.1925
September	0.1955	0.1742	0.1885
October	0.1841	0.1739	0.1794
November	0.1809	0.1717	0.1772
December	0.1870	0.1786	0.1815