2011 BTN to HNL Historical Review

YEARLY HIGH

0.4296 HNL

YEARLY LOW

0.3534 HNL

YEARLY AVERAGE

0.4067 HNL

2011 BTN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BTN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.4296. Conversely, the yearly low was recorded on December 15, dropping to 0.3534.

This high-to-low spread represents a total annual volatility of 0.0762 HNL. From a start-to-finish perspective, comparing the January average rate of 0.4167 to the December average rate of 0.3613, the exchange rate registered a net change of -13.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4296 was down 0.30% compared to the 2010 peak of 0.4309, 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 2,148 HNL

2010 Average 2,071 HNL

Yearly Trough Low 1,767 HNL

Transaction Impact: A difference of 380.88 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4326

0.3549

JanuMarcMayJulySeptNove

BTN to HNL 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 0.4205, compared to 0.3929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.4205

H2 Avg (Jul–Dec) 0.3929

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0318 HNL (High: 0.4128 / Low: 0.3810). On the other end, June was the most stable month, with a tight range of 0.0034 HNL (High: 0.4234 / Low: 0.4200).

September Spread (Volatile) ±0.0318

June Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between February and April, 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 0.0173 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.4261) against the same month in 2010 (average: 0.4251), the exchange rate shifted by +0.0010 (+0.23%).

2011 Avg (April) 0.4261

2010 Avg (April) 0.4251

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4235	0.4118	0.4167
February	0.4209	0.4136	0.4163
March	0.4243	0.4175	0.4206
April	0.4296	0.4240	0.4261
May	0.4273	0.4174	0.4214
June	0.4234	0.4200	0.4218
July	0.4288	0.4231	0.4259
August	0.4274	0.4085	0.4146
September	0.4128	0.3810	0.3974
October	0.3893	0.3802	0.3847
November	0.3872	0.3611	0.3735
December	0.3703	0.3534	0.3613