2011 BGN to HNL Historical Review

YEARLY HIGH

14.3964 HNL

YEARLY LOW

12.4820 HNL

YEARLY AVERAGE

13.4579 HNL

2011 BGN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BGN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 14.3964. Conversely, the yearly low was recorded on January 10, dropping to 12.4820.

This high-to-low spread represents a total annual volatility of 1.9144 HNL. From a start-to-finish perspective, comparing the January average rate of 12.9303 to the December average rate of 12.7659, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 14.3964 was up 2.18% compared to the 2010 peak of 14.0897, 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 71,982 HNL

2010 Average 64,165 HNL

Yearly Trough Low 62,410 HNL

Transaction Impact: A difference of 9,572.19 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

14.0973

12.6449

JanuMarcMayJulySeptNove

BGN to HNL 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 13.5724, compared to 13.3434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2290 points.

H1 Avg (Jan–Jun) 13.5724

H2 Avg (Jul–Dec) 13.3434

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.9937 HNL (High: 13.7410 / Low: 12.7472). On the other end, February was the most stable month, with a tight range of 0.3714 HNL (High: 13.3729 / Low: 13.0015).

October Spread (Volatile) ±0.9937

February Spread (Stable) ±0.3714

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.4836 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4836

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 13.8871) against the same month in 2010 (average: 12.1932), the exchange rate shifted by +1.6939 (+13.89%).

2011 Avg (May) 13.8871

2010 Avg (May) 12.1932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.2685	12.4820	12.9303
February	13.3729	13.0015	13.1976
March	13.7589	13.3235	13.5344
April	14.3666	13.6712	13.9763
May	14.3964	13.5539	13.8871
June	14.1645	13.6283	13.9090
July	14.0172	13.5115	13.8011
August	13.9596	13.5868	13.7859
September	13.7675	12.9721	13.3023
October	13.7410	12.7472	13.2823
November	13.3886	12.7753	13.1231
December	13.0660	12.4894	12.7659