2011 BHD to ARS Historical Review

YEARLY HIGH

11.4250 ARS

YEARLY LOW

10.5464 ARS

YEARLY AVERAGE

10.9615 ARS

2011 BHD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BHD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 11.4250. Conversely, the yearly low was recorded on January 2, dropping to 10.5464.

This high-to-low spread represents a total annual volatility of 0.8787 ARS. From a start-to-finish perspective, comparing the January average rate of 10.5692 to the December average rate of 11.3843, the exchange rate registered a net change of 7.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 11.4250 was up 7.89% compared to the 2010 peak of 10.5894, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,125 ARS

2010 Average 51,937 ARS

Yearly Trough Low 52,732 ARS

Transaction Impact: A difference of 4,393.28 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11.4658

10.4877

JanuMarcMayJulySeptNove

BHD to ARS 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 10.7466, compared to 11.1764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4298 points.

H1 Avg (Jan–Jun) 10.7466

H2 Avg (Jul–Dec) 11.1764

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.1739 ARS (High: 11.1496 / Low: 10.9756). On the other end, September was the most stable month, with a tight range of 0.0464 ARS (High: 11.1814 / Low: 11.1350).

August Spread (Volatile) ±0.1739

September Spread (Stable) ±0.0464

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 11.3843) against the same month in 2010 (average: 10.5586), the exchange rate shifted by +0.8258 (+7.82%).

2011 Avg (December) 11.3843

2010 Avg (December) 10.5586

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6272	10.5464	10.5692
February	10.6990	10.6377	10.6786
March	10.7574	10.6895	10.7135
April	10.8402	10.7402	10.7951
May	10.9062	10.8217	10.8488
June	10.9093	10.8351	10.8742
July	10.9941	10.8687	10.9387
August	11.1496	10.9756	11.0615
September	11.1814	11.1350	11.1605
October	11.2530	11.1636	11.2034
November	11.3615	11.2493	11.3099
December	11.4250	11.3524	11.3843