2011 BTN to LTL Historical Review

YEARLY HIGH

0.0591 LTL

YEARLY LOW

0.0489 LTL

YEARLY AVERAGE

0.0533 LTL

2011 BTN to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BTN to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0591. Conversely, the yearly low was recorded on November 22, dropping to 0.0489.

This high-to-low spread represents a total annual volatility of 0.0101 LTL. From a start-to-finish perspective, comparing the January average rate of 0.0569 to the December average rate of 0.0500, the exchange rate registered a net change of -12.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0591 was down 4.32% compared to the 2010 peak of 0.0617, 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 295 LTL

2010 Average 285 LTL

Yearly Trough Low 245 LTL

Transaction Impact: A difference of 50.74 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0576

0.0493

JanuMarcMayJulySeptNove

BTN to LTL 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 0.0547, compared to 0.0519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0547

H2 Avg (Jul–Dec) 0.0519

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0042 LTL (High: 0.0591 / Low: 0.0548). On the other end, December was the most stable month, with a tight range of 0.0011 LTL (High: 0.0505 / Low: 0.0494).

January Spread (Volatile) ±0.0042

December Spread (Stable) ±0.0011

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 September and October, when the average rate fell by 0.0016 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0569) against the same month in 2010 (average: 0.0527), the exchange rate shifted by +0.0043 (+8.10%).

2011 Avg (January) 0.0569

2010 Avg (January) 0.0527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0591	0.0548	0.0569
February	0.0565	0.0549	0.0557
March	0.0556	0.0541	0.0549
April	0.0549	0.0525	0.0538
May	0.0544	0.0519	0.0536
June	0.0546	0.0528	0.0535
July	0.0553	0.0535	0.0545
August	0.0550	0.0518	0.0531
September	0.0536	0.0518	0.0527
October	0.0530	0.0494	0.0511
November	0.0515	0.0489	0.0502
December	0.0505	0.0494	0.0500