2011 BTN to HTG Historical Review

YEARLY HIGH

0.9276 HTG

YEARLY LOW

0.7523 HTG

YEARLY AVERAGE

0.8733 HTG

2011 BTN to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BTN to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.9276. Conversely, the yearly low was recorded on December 15, dropping to 0.7523.

This high-to-low spread represents a total annual volatility of 0.1753 HTG. From a start-to-finish perspective, comparing the January average rate of 0.8867 to the December average rate of 0.7712, the exchange rate registered a net change of -13.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9276 was up 1.16% compared to the 2010 peak of 0.9170, 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 4,638 HTG

2010 Average 4,396 HTG

Yearly Trough Low 3,761 HTG

Transaction Impact: A difference of 876.44 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9300

0.7567

JanuMarcMayJulySeptNove

BTN to HTG 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 0.9029, compared to 0.8436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0594 points.

H1 Avg (Jan–Jun) 0.9029

H2 Avg (Jul–Dec) 0.8436

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0705 HTG (High: 0.8893 / Low: 0.8188). On the other end, March was the most stable month, with a tight range of 0.0168 HTG (High: 0.9161 / Low: 0.8993).

September Spread (Volatile) ±0.0705

March Spread (Stable) ±0.0168

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 August and September, when the average rate fell by 0.0400 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0400

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.9156) against the same month in 2010 (average: 0.9010), the exchange rate shifted by +0.0146 (+1.62%).

2011 Avg (April) 0.9156

2010 Avg (April) 0.9010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9010	0.8780	0.8867
February	0.9087	0.8885	0.8970
March	0.9161	0.8993	0.9046
April	0.9276	0.9058	0.9156
May	0.9209	0.8921	0.9069
June	0.9143	0.8962	0.9068
July	0.9224	0.9029	0.9137
August	0.9261	0.8779	0.8947
September	0.8893	0.8188	0.8547
October	0.8380	0.8135	0.8273
November	0.8336	0.7696	0.8000
December	0.7945	0.7523	0.7712