2011 BND to HNL Historical Review

YEARLY HIGH

15.7336 HNL

YEARLY LOW

14.4086 HNL

YEARLY AVERAGE

15.0529 HNL

2011 BND to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 15.7336. Conversely, the yearly low was recorded on November 25, dropping to 14.4086.

This high-to-low spread represents a total annual volatility of 1.3250 HNL. From a start-to-finish perspective, comparing the January average rate of 14.6946 to the December average rate of 14.6357, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 15.7336 was up 6.76% compared to the 2010 peak of 14.7367, 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 78,668 HNL

2010 Average 69,433 HNL

Yearly Trough Low 72,043 HNL

Transaction Impact: A difference of 6,625.19 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

15.6450

14.5440

JanuMarcMayJulySeptNove

BND to HNL 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 15.0315, compared to 15.0742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0427 points.

H1 Avg (Jan–Jun) 15.0315

H2 Avg (Jul–Dec) 15.0742

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.9128 HNL (High: 15.6489 / Low: 14.7362). On the other end, February was the most stable month, with a tight range of 0.1316 HNL (High: 14.8721 / Low: 14.7405).

September Spread (Volatile) ±0.9128

February Spread (Stable) ±0.1316

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3613 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.3613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 15.5372) against the same month in 2010 (average: 13.7229), the exchange rate shifted by +1.8143 (+13.22%).

2011 Avg (July) 15.5372

2010 Avg (July) 13.7229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.7592	14.5718	14.6946
February	14.8721	14.7405	14.8197
March	15.0119	14.7725	14.9082
April	15.4384	14.9685	15.1642
May	15.4660	15.1146	15.2853
June	15.4030	15.2170	15.3172
July	15.7336	15.3607	15.5372
August	15.6660	15.4200	15.5533
September	15.6489	14.7362	15.1920
October	15.2321	14.4361	14.8431
November	15.0177	14.4086	14.6841
December	14.7806	14.4980	14.6357