2011 BND to BRL Historical Review

YEARLY HIGH

1.4731 BRL

YEARLY LOW

1.2499 BRL

YEARLY AVERAGE

1.3307 BRL

2011 BND to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1.4731. Conversely, the yearly low was recorded on April 8, dropping to 1.2499.

This high-to-low spread represents a total annual volatility of 0.2232 BRL. From a start-to-finish perspective, comparing the January average rate of 1.3014 to the December average rate of 1.4173, the exchange rate registered a net change of 8.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.4731 was up 10.03% compared to the 2010 peak of 1.3388, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,365 BRL

2010 Average 6,454 BRL

Yearly Trough Low 6,250 BRL

Transaction Impact: A difference of 1,115.77 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.4321

1.2549

JanuMarcMayJulySeptNove

BND to BRL 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 1.2956, compared to 1.3658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0702 points.

H1 Avg (Jan–Jun) 1.2956

H2 Avg (Jul–Dec) 1.3658

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1436 BRL (High: 1.4731 / Low: 1.3295). On the other end, February was the most stable month, with a tight range of 0.0149 BRL (High: 1.3146 / Low: 1.2996).

September Spread (Volatile) ±0.1436

February Spread (Stable) ±0.0149

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0378 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 1.3977) against the same month in 2010 (average: 1.2874), the exchange rate shifted by +0.1103 (+8.57%).

2011 Avg (September) 1.3977

2010 Avg (September) 1.2874

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3081	1.2842	1.3014
February	1.3146	1.2996	1.3061
March	1.3149	1.2901	1.3075
April	1.2870	1.2499	1.2696
May	1.3145	1.2831	1.3028
June	1.3000	1.2729	1.2861
July	1.2992	1.2684	1.2849
August	1.3408	1.2913	1.3213
September	1.4731	1.3295	1.3977
October	1.4693	1.3405	1.3877
November	1.4424	1.3570	1.3861
December	1.4392	1.3924	1.4173