2011 BND to BTN Historical Review

YEARLY HIGH

41.0583 BTN

YEARLY LOW

34.7542 BTN

YEARLY AVERAGE

37.0956 BTN

2011 BND to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 41.0583. Conversely, the yearly low was recorded on January 2, dropping to 34.7542.

This high-to-low spread represents a total annual volatility of 6.3042 BTN. From a start-to-finish perspective, comparing the January average rate of 35.2656 to the December average rate of 40.5095, the exchange rate registered a net change of 14.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 41.0583 was up 17.26% compared to the 2010 peak of 35.0134, 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 205,292 BTN

2010 Average 167,661 BTN

Yearly Trough Low 173,771 BTN

Transaction Impact: A difference of 31,520.90 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

41.0339

34.7412

JanuMarcMayJulySeptNove

BND to BTN 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 35.7472, compared to 38.4439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6967 points.

H1 Avg (Jan–Jun) 35.7472

H2 Avg (Jul–Dec) 38.4439

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 2.2716 BTN (High: 40.7871 / Low: 38.5155). On the other end, June was the most stable month, with a tight range of 0.1931 BTN (High: 36.4139 / Low: 36.2208).

November Spread (Volatile) ±2.2716

June Spread (Stable) ±0.1931

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1540 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 40.5095) against the same month in 2010 (average: 34.4548), the exchange rate shifted by +6.0546 (+17.57%).

2011 Avg (December) 40.5095

2010 Avg (December) 34.4548

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.8360	34.7542	35.2656
February	35.8768	35.2567	35.5987
March	35.6246	35.2220	35.4447
April	36.1389	34.9806	35.5897
May	36.5202	36.0959	36.2736
June	36.4139	36.2208	36.3109
July	36.7674	36.0405	36.4842
August	38.2502	36.5726	37.5176
September	38.6761	37.9072	38.2369
October	39.6200	37.6411	38.5883
November	40.7871	38.5155	39.3270
December	41.0583	39.8070	40.5095