2011 BND to LTL Historical Review

YEARLY HIGH

2.0655 LTL

YEARLY LOW

1.8865 LTL

YEARLY AVERAGE

1.9754 LTL

2011 BND to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.0655. Conversely, the yearly low was recorded on May 5, dropping to 1.8865.

This high-to-low spread represents a total annual volatility of 0.1790 LTL. From a start-to-finish perspective, comparing the January average rate of 2.0069 to the December average rate of 2.0237, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.0655 was up 0.82% compared to the 2010 peak of 2.0488, 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 10,328 LTL

2010 Average 9,568 LTL

Yearly Trough Low 9,433 LTL

Transaction Impact: A difference of 895.00 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.0345

1.9048

JanuMarcMayJulySeptNove

BND to LTL 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 1.9562, compared to 1.9946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0383 points.

H1 Avg (Jan–Jun) 1.9562

H2 Avg (Jul–Dec) 1.9946

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.1050 LTL (High: 2.0655 / Low: 1.9605). On the other end, February was the most stable month, with a tight range of 0.0412 LTL (High: 2.0030 / Low: 1.9618).

January Spread (Volatile) ±0.1050

February Spread (Stable) ±0.0412

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 0.0429 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0429

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 2.0069) against the same month in 2010 (average: 1.7325), the exchange rate shifted by +0.2744 (+15.84%).

2011 Avg (January) 2.0069

2010 Avg (January) 1.7325

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0655	1.9605	2.0069
February	2.0030	1.9618	1.9825
March	1.9712	1.9174	1.9448
April	1.9396	1.8969	1.9156
May	1.9747	1.8865	1.9435
June	1.9778	1.9166	1.9443
July	2.0203	1.9385	1.9877
August	2.0259	1.9755	1.9918
September	2.0496	1.9881	2.0161
October	2.0345	1.9377	1.9732
November	2.0052	1.9615	1.9751
December	2.0572	1.9924	2.0237