2011 BIF to ZAR Historical Review

YEARLY HIGH

0.0069 ZAR

YEARLY LOW

0.0054 ZAR

YEARLY AVERAGE

0.0060 ZAR

2011 BIF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BIF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0069. Conversely, the yearly low was recorded on May 1, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0016 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0064, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0069 was down 0.59% compared to the 2010 peak of 0.0070, 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 35 ZAR

2010 Average 32 ZAR

Yearly Trough Low 27 ZAR

Transaction Impact: A difference of 7.85 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0067

0.0054

JanuMarcMayJulySeptNove

BIF to ZAR 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 0.0059, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0059

H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0011 ZAR (High: 0.0068 / Low: 0.0057). On the other end, June was the most stable month, with a tight range of 0.0001 ZAR (High: 0.0056 / Low: 0.0055).

September Spread (Volatile) ±0.0011

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.0066) against the same month in 2010 (average: 0.0061), the exchange rate shifted by +0.0005 (+7.47%).

2011 Avg (November) 0.0066

2010 Avg (November) 0.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0063	0.0058	0.0061
February	0.0064	0.0061	0.0063
March	0.0062	0.0060	0.0061
April	0.0059	0.0054	0.0055
May	0.0058	0.0054	0.0056
June	0.0056	0.0055	0.0055
July	0.0057	0.0054	0.0055
August	0.0059	0.0054	0.0058
September	0.0068	0.0057	0.0061
October	0.0067	0.0063	0.0065
November	0.0069	0.0062	0.0066
December	0.0066	0.0062	0.0064