2011 BND to CVE Historical Review

YEARLY HIGH

65.9602 CVE

YEARLY LOW

60.2441 CVE

YEARLY AVERAGE

63.0858 CVE

2011 BND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 65.9602. Conversely, the yearly low was recorded on May 5, dropping to 60.2441.

This high-to-low spread represents a total annual volatility of 5.7162 CVE. From a start-to-finish perspective, comparing the January average rate of 64.0890 to the December average rate of 64.6504, the exchange rate registered a net change of 0.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 65.9602 was up 0.82% compared to the 2010 peak of 65.4257, 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 329,801 CVE

2010 Average 305,550 CVE

Yearly Trough Low 301,220 CVE

Transaction Impact: A difference of 28,580.80 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

64.9982

60.8243

JanuMarcMayJulySeptNove

BND to CVE 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 62.4717, compared to 63.6999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2282 points.

H1 Avg (Jan–Jun) 62.4717

H2 Avg (Jul–Dec) 63.6999

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 3.3519 CVE (High: 65.9602 / Low: 62.6083). On the other end, February was the most stable month, with a tight range of 1.3145 CVE (High: 63.9633 / Low: 62.6488).

January Spread (Volatile) ±3.3519

February Spread (Stable) ±1.3145

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 1.3701 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.3701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 64.0890) against the same month in 2010 (average: 55.3266), the exchange rate shifted by +8.7624 (+15.84%).

2011 Avg (January) 64.0890

2010 Avg (January) 55.3266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	65.9602	62.6083	64.0890
February	63.9633	62.6488	63.3080
March	62.9473	61.2297	62.1083
April	61.9389	60.5768	61.1721
May	63.0588	60.2441	62.0641
June	63.1607	61.2054	62.0888
July	64.5163	61.9040	63.4747
August	64.6950	63.0856	63.6066
September	65.4517	63.4874	64.3826
October	64.9710	61.8788	63.0125
November	64.0666	62.5445	63.0729
December	65.7728	63.5235	64.6504