2011 BND to GIP Historical Review

YEARLY HIGH

0.5178 GIP

YEARLY LOW

0.4823 GIP

YEARLY AVERAGE

0.4964 GIP

2011 BND to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.5178. Conversely, the yearly low was recorded on March 22, dropping to 0.4823.

This high-to-low spread represents a total annual volatility of 0.0355 GIP. From a start-to-finish perspective, comparing the January average rate of 0.4929 to the December average rate of 0.4945, the exchange rate registered a net change of 0.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5178 was up 3.04% compared to the 2010 peak of 0.5025, 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 2,589 GIP

2010 Average 2,376 GIP

Yearly Trough Low 2,412 GIP

Transaction Impact: A difference of 177.42 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5120

0.4837

JanuMarcMayJulySeptNove

BND to GIP 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 0.4918, compared to 0.5011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.4918

H2 Avg (Jul–Dec) 0.5011

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0166 GIP (High: 0.5023 / Low: 0.4857). On the other end, February was the most stable month, with a tight range of 0.0062 GIP (High: 0.4889 / Low: 0.4827).

January Spread (Volatile) ±0.0166

February Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between February and July, 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 0.0117 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.5091) against the same month in 2010 (average: 0.4811), the exchange rate shifted by +0.0280 (+5.81%).

2011 Avg (September) 0.5091

2010 Avg (September) 0.4811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5023	0.4857	0.4929
February	0.4889	0.4827	0.4860
March	0.4960	0.4823	0.4883
April	0.4935	0.4859	0.4898
May	0.4986	0.4898	0.4941
June	0.5084	0.4937	0.4996
July	0.5143	0.5044	0.5096
August	0.5118	0.4979	0.5055
September	0.5178	0.5013	0.5091
October	0.5047	0.4930	0.4974
November	0.4973	0.4867	0.4905
December	0.4995	0.4912	0.4945