2011 BIF to MGA Historical Review

YEARLY HIGH

1.8912 MGA

YEARLY LOW

1.5630 MGA

YEARLY AVERAGE

1.6736 MGA

2011 BIF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BIF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.8912. Conversely, the yearly low was recorded on June 6, dropping to 1.5630.

This high-to-low spread represents a total annual volatility of 0.3283 MGA. From a start-to-finish perspective, comparing the January average rate of 1.8433 to the December average rate of 1.6615, the exchange rate registered a net change of -9.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.8912 was down 4.83% compared to the 2010 peak of 1.9872, 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 9,456 MGA

2010 Average 9,218 MGA

Yearly Trough Low 7,815 MGA

Transaction Impact: A difference of 1,641.28 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.8694

1.5567

JanuMarcMayJulySeptNove

BIF to MGA 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 1.6982, compared to 1.6491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0491 points.

H1 Avg (Jan–Jun) 1.6982

H2 Avg (Jul–Dec) 1.6491

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.1849 MGA (High: 1.7690 / Low: 1.5841). On the other end, March was the most stable month, with a tight range of 0.0218 MGA (High: 1.7757 / Low: 1.7538).

April Spread (Volatile) ±0.1849

March Spread (Stable) ±0.0218

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 0.1417 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.8433) against the same month in 2010 (average: 1.7781), the exchange rate shifted by +0.0651 (+3.66%).

2011 Avg (January) 1.8433

2010 Avg (January) 1.7781

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8912	1.8029	1.8433
February	1.7955	1.7581	1.7765
March	1.7757	1.7538	1.7636
April	1.7690	1.5841	1.6219
May	1.6198	1.5821	1.6009
June	1.5922	1.5630	1.5827
July	1.6170	1.5699	1.5955
August	1.6210	1.5845	1.5957
September	1.6878	1.5907	1.6337
October	1.7249	1.6243	1.7009
November	1.7181	1.6533	1.7072
December	1.7291	1.5917	1.6615