2011 BND to NZD Historical Review

YEARLY HIGH

1.0850 NZD

YEARLY LOW

0.9469 NZD

YEARLY AVERAGE

1.0064 NZD

2011 BND to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 1.0850. Conversely, the yearly low was recorded on August 1, dropping to 0.9469.

This high-to-low spread represents a total annual volatility of 0.1381 NZD. From a start-to-finish perspective, comparing the January average rate of 1.0134 to the December average rate of 1.0016, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0850 was up 1.42% compared to the 2010 peak of 1.0698, 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 5,425 NZD

2010 Average 5,087 NZD

Yearly Trough Low 4,734 NZD

Transaction Impact: A difference of 690.53 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0729

0.9613

JanuMarcMayJulySeptNove

BND to NZD 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 1.0216, compared to 0.9912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0304 points.

H1 Avg (Jan–Jun) 1.0216

H2 Avg (Jul–Dec) 0.9912

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0602 NZD (High: 1.0221 / Low: 0.9620). On the other end, December was the most stable month, with a tight range of 0.0247 NZD (High: 1.0174 / Low: 0.9928).

September Spread (Volatile) ±0.0602

December Spread (Stable) ±0.0247

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0476 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0476

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 1.0636) against the same month in 2010 (average: 1.0163), the exchange rate shifted by +0.0472 (+4.65%).

2011 Avg (March) 1.0636

2010 Avg (March) 1.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0276	0.9990	1.0134
February	1.0502	1.0039	1.0293
March	1.0850	1.0393	1.0636
April	1.0343	1.0059	1.0159
May	1.0308	0.9853	1.0137
June	1.0070	0.9805	0.9937
July	0.9935	0.9511	0.9706
August	1.0054	0.9469	0.9882
September	1.0221	0.9620	0.9886
October	1.0287	0.9685	0.9917
November	1.0304	0.9840	1.0067
December	1.0174	0.9928	1.0016