2012 BTN to CVE Historical Review

YEARLY HIGH

1.7816 CVE

YEARLY LOW

1.5185 CVE

YEARLY AVERAGE

1.6342 CVE

2012 BTN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BTN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 1.7816. Conversely, the yearly low was recorded on December 23, dropping to 1.5185.

This high-to-low spread represents a total annual volatility of 0.2632 CVE. From a start-to-finish perspective, comparing the January average rate of 1.6716 to the December average rate of 1.5414, the exchange rate registered a net change of -7.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.7816 was down 5.53% compared to the 2011 peak of 1.8860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BTN based on timing:

Yearly Peak High 8,908 CVE

2011 Average 8,515 CVE

Yearly Trough Low 7,592 CVE

Transaction Impact: A difference of 1,315.80 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.7579

1.5217

JanuMarcMayJulySeptNove

BTN to CVE 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 1.6350, compared to 1.6334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 1.6350

H2 Avg (Jul–Dec) 1.6334

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.1868 CVE (High: 1.7816 / Low: 1.5948). On the other end, May was the most stable month, with a tight range of 0.0467 CVE (High: 1.6018 / Low: 1.5551).

July Spread (Volatile) ±0.1868

May Spread (Stable) ±0.0467

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0846 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 1.6877) against the same month in 2011 (average: 1.7398), the exchange rate shifted by -0.0521 (-2.99%).

2012 Avg (July) 1.6877

2011 Avg (July) 1.7398

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7073	1.5915	1.6716
February	1.7247	1.6488	1.6962
March	1.6924	1.6171	1.6605
April	1.6556	1.5800	1.6227
May	1.6018	1.5551	1.5841
June	1.6015	1.5406	1.5746
July	1.7816	1.5948	1.6877
August	1.7625	1.7135	1.7383
September	1.7147	1.5568	1.6537
October	1.7167	1.5764	1.6079
November	1.5994	1.5299	1.5716
December	1.5701	1.5185	1.5414