2011 BND to MXN Historical Review

YEARLY HIGH

10.8762 MXN

YEARLY LOW

9.3198 MXN

YEARLY AVERAGE

9.8885 MXN

2011 BND to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 10.8762. Conversely, the yearly low was recorded on April 10, dropping to 9.3198.

This high-to-low spread represents a total annual volatility of 1.5564 MXN. From a start-to-finish perspective, comparing the January average rate of 9.4294 to the December average rate of 10.6235, the exchange rate registered a net change of 12.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 10.8762 was up 11.57% compared to the 2010 peak of 9.7482, 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 54,381 MXN

2010 Average 46,343 MXN

Yearly Trough Low 46,599 MXN

Transaction Impact: A difference of 7,782.02 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

10.7476

9.2588

JanuMarcMayJulySeptNove

BND to MXN 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 9.4495, compared to 10.3274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8779 points.

H1 Avg (Jan–Jun) 9.4495

H2 Avg (Jul–Dec) 10.3274

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.6585 MXN (High: 10.8762 / Low: 10.2177). On the other end, April was the most stable month, with a tight range of 0.0948 MXN (High: 9.4146 / Low: 9.3198).

September Spread (Volatile) ±0.6585

April Spread (Stable) ±0.0948

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0760 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0760

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 10.4725) against the same month in 2010 (average: 9.5875), the exchange rate shifted by +0.8850 (+9.23%).

2011 Avg (September) 10.4725

2010 Avg (September) 9.5875

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.6170	9.3313	9.4294
February	9.5330	9.3855	9.4492
March	9.5297	9.3970	9.4588
April	9.4146	9.3198	9.3828
May	9.4677	9.3683	9.4109
June	9.6682	9.4376	9.5661
July	9.7508	9.4358	9.5894
August	10.3619	9.7207	10.1228
September	10.8762	10.2177	10.4725
October	10.8574	10.3133	10.5343
November	10.8698	10.4659	10.6220
December	10.7676	10.5117	10.6235