2011 BIF to HUF Historical Review

YEARLY HIGH

0.1929 HUF

YEARLY LOW

0.1453 HUF

YEARLY AVERAGE

0.1664 HUF

2011 BIF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BIF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.1929. Conversely, the yearly low was recorded on April 29, dropping to 0.1453.

This high-to-low spread represents a total annual volatility of 0.0476 HUF. From a start-to-finish perspective, comparing the January average rate of 0.1814 to the December average rate of 0.1796, the exchange rate registered a net change of -1.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1929 was down 8.42% compared to the 2010 peak of 0.2106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 964 HUF

2010 Average 916 HUF

Yearly Trough Low 727 HUF

Transaction Impact: A difference of 237.88 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1880

0.1477

JanuMarcMayJulySeptNove

BIF to HUF 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 0.1634, compared to 0.1693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.1634

H2 Avg (Jul–Dec) 0.1693

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0217 HUF (High: 0.1773 / Low: 0.1556). On the other end, February was the most stable month, with a tight range of 0.0062 HUF (High: 0.1779 / Low: 0.1717).

September Spread (Volatile) ±0.0217

February Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0192 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.1846) against the same month in 2010 (average: 0.1775), the exchange rate shifted by +0.0071 (+3.99%).

2011 Avg (November) 0.1846

2010 Avg (November) 0.1775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1904	0.1748	0.1814
February	0.1779	0.1717	0.1746
March	0.1736	0.1645	0.1702
April	0.1655	0.1453	0.1510
May	0.1580	0.1453	0.1520
June	0.1553	0.1475	0.1513
July	0.1585	0.1485	0.1526
August	0.1580	0.1517	0.1548
September	0.1773	0.1556	0.1682
October	0.1843	0.1714	0.1759
November	0.1929	0.1758	0.1846
December	0.1877	0.1724	0.1796