2011 BTN to JPY Historical Review

YEARLY HIGH

1.9310 JPY

YEARLY LOW

1.4515 JPY

YEARLY AVERAGE

1.7165 JPY

2011 BTN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BTN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 1.9310. Conversely, the yearly low was recorded on December 15, dropping to 1.4515.

This high-to-low spread represents a total annual volatility of 0.4795 JPY. From a start-to-finish perspective, comparing the January average rate of 1.8185 to the December average rate of 1.4832, the exchange rate registered a net change of -18.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.9310 was down 9.17% compared to the 2010 peak of 2.1260, 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 9,655 JPY

2010 Average 9,605 JPY

Yearly Trough Low 7,257 JPY

Transaction Impact: A difference of 2,397.61 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.9139

1.4441

JanuMarcMayJulySeptNove

BTN to JPY 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 1.8213, compared to 1.6117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2096 points.

H1 Avg (Jan–Jun) 1.8213

H2 Avg (Jul–Dec) 1.6117

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1462 JPY (High: 1.6847 / Low: 1.5385). On the other end, June was the most stable month, with a tight range of 0.0234 JPY (High: 1.8079 / Low: 1.7845).

September Spread (Volatile) ±0.1462

June Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0890 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.8747) against the same month in 2010 (average: 2.1000), the exchange rate shifted by -0.2253 (-10.73%).

2011 Avg (April) 1.8747

2010 Avg (April) 2.1000

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8462	1.7865	1.8185
February	1.8498	1.7809	1.8177
March	1.8590	1.7500	1.8167
April	1.9310	1.8350	1.8747
May	1.8363	1.7823	1.8068
June	1.8079	1.7845	1.7932
July	1.8294	1.7469	1.7866
August	1.7774	1.6611	1.6976
September	1.6847	1.5385	1.6181
October	1.6017	1.5230	1.5568
November	1.5953	1.4751	1.5277
December	1.5255	1.4515	1.4832