2011 BND to PEN Historical Review

YEARLY HIGH

2.3227 PEN

YEARLY LOW

2.0612 PEN

YEARLY AVERAGE

2.1931 PEN

2011 BND to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 2.3227. Conversely, the yearly low was recorded on December 14, dropping to 2.0612.

This high-to-low spread represents a total annual volatility of 0.2615 PEN. From a start-to-finish perspective, comparing the January average rate of 2.1659 to the December average rate of 2.0827, the exchange rate registered a net change of -3.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.3227 was down 0.75% compared to the 2010 peak of 2.3403, 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 11,613 PEN

2010 Average 11,026 PEN

Yearly Trough Low 10,306 PEN

Transaction Impact: A difference of 1,307.26 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.2829

2.0645

JanuMarcMayJulySeptNove

BND to PEN 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 2.2115, compared to 2.1747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0369 points.

H1 Avg (Jan–Jun) 2.2115

H2 Avg (Jul–Dec) 2.1747

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.1194 PEN (High: 2.3227 / Low: 2.2033). On the other end, January was the most stable month, with a tight range of 0.0278 PEN (High: 2.1839 / Low: 2.1561).

May Spread (Volatile) ±0.1194

January Spread (Stable) ±0.0278

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0646 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0646

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 2.2451) against the same month in 2010 (average: 2.1576), the exchange rate shifted by +0.0875 (+4.06%).

2011 Avg (May) 2.2451

2010 Avg (May) 2.1576

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1839	2.1561	2.1659
February	2.1859	2.1556	2.1723
March	2.2285	2.1633	2.1901
April	2.3043	2.2188	2.2577
May	2.3227	2.2033	2.2451
June	2.2708	2.2214	2.2381
July	2.2772	2.2321	2.2535
August	2.2812	2.2514	2.2647
September	2.2686	2.1616	2.2072
October	2.1741	2.1135	2.1425
November	2.1468	2.0645	2.0975
December	2.1078	2.0612	2.0827