2011 BAM to LTL Historical Review

YEARLY HIGH

1.7818 LTL

YEARLY LOW

1.7503 LTL

YEARLY AVERAGE

1.7640 LTL

2011 BAM to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BAM to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 1.7818. Conversely, the yearly low was recorded on October 27, dropping to 1.7503.

This high-to-low spread represents a total annual volatility of 0.0314 LTL. From a start-to-finish perspective, comparing the January average rate of 1.7636 to the December average rate of 1.7646, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.7818 was down 0.10% compared to the 2010 peak of 1.7836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,909 LTL

2010 Average 8,820 LTL

Yearly Trough Low 8,752 LTL

Transaction Impact: A difference of 157.23 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.7659

1.7613

JanuMarcMayJulySeptNove

BAM to LTL 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 1.7637, compared to 1.7644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 1.7637

H2 Avg (Jul–Dec) 1.7644

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0290 LTL (High: 1.7818 / Low: 1.7527). On the other end, March was the most stable month, with a tight range of 0.0110 LTL (High: 1.7704 / Low: 1.7593).

September Spread (Volatile) ±0.0290

March Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 1.7635) against the same month in 2010 (average: 1.7651), the exchange rate shifted by -0.0016 (-0.09%).

2011 Avg (September) 1.7635

2010 Avg (September) 1.7651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7702	1.7550	1.7636
February	1.7708	1.7596	1.7639
March	1.7704	1.7593	1.7649
April	1.7691	1.7557	1.7634
May	1.7690	1.7519	1.7617
June	1.7758	1.7557	1.7646
July	1.7720	1.7574	1.7647
August	1.7722	1.7510	1.7641
September	1.7818	1.7527	1.7635
October	1.7711	1.7503	1.7640
November	1.7719	1.7509	1.7655
December	1.7741	1.7585	1.7646